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Wednesday, March 17, 2010
The Nonprofit Quarterly | The Nonprofit Quarterly | Nonprofit Newswire | Survey: The Ultra-Wealthy Are Giving Less
The Nonprofit Quarterly | The Nonprofit Quarterly | Nonprofit Newswire | Survey: The Ultra-Wealthy Are Giving Less: "Based on a sample of 1,046 respondents, (867 nationally and 179 from South Florida, over half with more than $1 million in assets, the remainder had more than $500,000 in assets), polled in the last quarter of 2009, PNC found sharp reductions in charitable giving by the ultra wealthy (with $5 million or more in assets): donation totals of $1 million or more were made by 15 percent of PNC’s ultra-wealthy in 2007 to 1 percent in 2009."
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