Monday, June 25, 2007

Absence of Major Disaster in ’06 Affected Giving |

Absence of Major Disaster in ’06 Affected Giving | "Given the media and nonprofit sector buzz around what we’re calling the megagifts made last year, it is maybe a little surprising that giving did not increase more dramatically,” said Patrick M. Rooney, director of research at the Center on Philanthropy at Indiana University. “I think what we’re seeing is philanthropy growing in a steadier, more linear way, when everyone has been hoping for a pattern more like the roaring 1990s.”

The Giving USA Foundation, which produces an annual report on giving together with the center, attributed the lackluster growth in giving to the absence of major disasters."

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