Tag: philanthropy
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Why Rich People Don’t Care About You
Real Clear Science – Newton Blog: Why Rich People Don't Care About You Examine the income ladder of the United States, and you'll soon stumble upon a surprising fact: Rich people donate a smaller portion of their income to charity than poor people. In 2011, people in the bottom 20% donated 3.2 percent of their…
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Isolated and Under-Exposed: Why the Rich Don’t Give
Atlantic Cities: Isolated and Under-Exposed: Why the Rich Don't Give … The study looked at tax returns for people with reported earnings of $50,000 or more from the year 2008 – the most recent year for which data was available. The report found that for people earning between $50,000 and $75,000, an average of 7.6…
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Charities: Donations fall by record amount for top nonprofits
Christian Science Monitor: Charities: Donations fall by record amount for top nonprofits Charities' donations in 2009 fell 11 percent for the largest 400 US charitable groups. A new ranking of the 400 biggest U.S. charities shows donations dropped by 11 percent overall last year as the Great Recession ended — the worst decline in 20…
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Billionaires Bill Gates, Warren Buffett want other billionaires to donate more to charity
Christian Science Monitor: Billionaires Bill Gates, Warren Buffett want other billionaires to donate more to charity Billionaires Bill Gates and Warren Buffett want other American billionaires to give at least half their wealth to charity. Microsoft Corp. co-founder Bill Gates and billionaire investor Warren Buffett are launching a campaign to get other American billionaires to…
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Fundraising Dips In First Quarter Of 2009
FrogLoop: Fundraising Dips In First Quarter Of 2009 The struggling economy hit nonprofits hard in the first quarter of 2009. According to the latest Target Analytics Index of National Fundraising Performance, the number of new donors dropped by almost 13%, as compared to 2008. The study analyzed 79 nonprofit organizations and their fundraising campaigns via…
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Obama’s Tax Plan Could Cause Giving by the Wealthy to Drop by Several Billion Dollars Annually
The Chronicles of Philanthropy: Obama's Tax Plan Could Cause Giving by the Wealthy to Drop by Several Billion Dollars Annually (HT: Victor Claar) President Obama’s tax proposals — including a limit on charitable giving deductions that could be taken by America’s wealthiest people — could cause giving by America’s wealthy to drop by several billion…
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U.S. charities fear proposed tax law change
Reuters: U.S. charities fear proposed tax law change (HT: Victor Claar) ATLANTA, Feb 26 (Reuters) – Proposed tax law changes in President Barack Obama's budget could hit charities hard even as demand for their services rises due to the worst recession in decades, U.S. charitable groups warned on Thursday. Under the plan announced in Obama's…