Monday, July 18, 2005

courant.com | Donations Up, But Big Givers Lag

courant.com | Donations Up, But Big Givers Lag: "Are rich people stingier than the rest of us?

Charity staged a bit of a comeback last year, but giving by the wealthiest Americans is still dramatically lower than during the stock market bubble years, a new study asserts.


Average donations reported by households with $5 million or more in assets, excluding primary homes, decreased by 70 percent, to $180,000, during 2002-04, according to Spectrem Group, "

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