Tuesday, January 15, 2013

Zuckerberg, Zuckerman Nine-Figure Gifts Boost Charity - Bloomberg

Zuckerberg, Zuckerman Nine-Figure Gifts Boost Charity - Bloomberg: “What we’re seeing is a J-curve recovery,” said Patrick Rooney, associate dean for academic affairs and research at the Indiana University School of Philanthropy. “It’s nice that we’re having a recovery, but we’re not getting the kind of robust recovery that we would prefer.”

Rob Mitchell, co-founder and chief executive officer of the Dallas-based Atlas of Giving, sees total charitable giving rising to about $375.1 billion in 2013 up from $369.2 billion last year. Donations this past December rose to $31.4 billion from $29.5 billion the same month a year ago. The Atlas projects another giving increase this month to $31.4 billion from $29.9 billion in January 2012.

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