The Science Of Smart Giving

The Science Of Smart Giving: "The Science Of Smart Giving
Squeezing the most good from large-scale donations takes serious planning. Here are five success stories

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How do you give away $10 million? You could start adding zeros to whatever checks you are writing to charitable institutions and worthy causes. But if you're going to hand over an eight-figure sum, you'll want more than a thank-you letter and a receipt to show the tax man. Such amounts 'raise a question that isn't just material but emotional: How much impact am I going to have?' says Paul Schervish, director of Boston College's Center on Wealth & Philanthropy."