Monday July 13, 2009
.
The Financial Times summarizes a new report from Barclays Wealth called
Tomorrow's Philanthropist. Researchers for Barclays Wealth found that some
philanthropists scrimp on their lifestyles so they can keep shoring up their
charitable causes.
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Of the 500 British and American philanthropists surveyed for the report,
three-quarters have not decreased their contributions to charity, despite the
global recession. In fact one in four has increased the amount of money donated
to charitable causes recently.
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