Northern Trust Reports Charitable Giving to Increase in 2006: Financial News - Yahoo! Finance

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Northern Trust Reports Charitable Giving to Increase in 2006: Financial News - Yahoo! Finance: "Northern Trust Reports Charitable Giving to Increase in 2006
Thursday March 9, 11:00 am ET
Gulf Coast Storms Drive Desire to Give and Volunteer

CHICAGO, March 9 /PRNewswire-FirstCall/ -- Donating to charity is woven into both the budgets and financial plans of most affluent households and nearly half plan to increase their charitable giving in 2006, according to a landmark study, 'Wealth in America,' conducted by Northern Trust, one of the nation's largest private wealth advisors and managers of charitable trusts and private foundations for more than 100 years.

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The study of 1,014 high net worth households with $1 million or more of non-real estate liquid or 'investable' assets examines in part the most prevalent attitudes toward charity, the impact of the Gulf Coast storms on charitable giving, the amounts donated in 2005 and increases planned for 2006, and the types of organizations to which money is donated."