Thursday, April 26, 2007

Philanthropy styles vary among the very wealthy | Chicago Tribune

Philanthropy styles vary among the very wealthy | Chicago Tribune: "Almost seven in 10 very rich Americans engage in some form of philanthropy, but their approaches tend to differ by their age and whether they come from new money or old, according to a U.S. Trust Co. survey.

The money-management firm caters to the very wealthy and periodically takes their pulse, asking who they are, where they invest, what concerns them and where and how they give. For its latest survey, released Tuesday, U.S. made its sample group more exclusive: It included only households with an investable net worth of more than $5 million, not including a primary residence (thus weeding out the mere house-rich)."

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