Monday, October 30, 2006

APP.COM - Entrepreneurs more generous than heirs | Asbury Park Press Online

APP.COM - Entrepreneurs more generous than heirs | Asbury Park Press Online: "Entrepreneurs more generous than heirs
Posted by the Asbury Park Press on 10/29/06

BY COURTNEY DENTCH
BLOOMBERG NEWS SERVICE

Entrepreneurs who earn their wealth give more than twice as much to charity than do Americans who inherited their riches, according to a survey released last week by Bank of America Corp. and Indiana University.

Helping those in need and giving back to society were donors' biggest motivations, the survey found, and more than half said they would keep giving if tax deductions were eliminated."

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