Tuesday, April 24, 2007

The Chronicle, 4/24/2007: New Survey Shows Why the Wealthy Give to Charity

The Chronicle, 4/24/2007: New Survey Shows Why the Wealthy Give to Charity: "New Survey Shows Why the Wealthy Give to Charity

By Marty Michaels

Nearly 90 percent of the wealthiest Americans say the primary reason they give to charity is that they believe in specific causes and have a desire to 'give back' to society, according to a new survey.

Far fewer respondents — 33 percent — cited income-tax deductions as a reason for their charitable giving, and just 24 percent cited maintaining a family tradition of philanthropy."

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