Charitable Giving: Generous Gen-Xers at SmartMoney.com: "Charitable Giving: Generous Gen-Xers
Barrons
THE STORY IN PHILANTHROPY THIS HOLIDAY SEASON is becoming all too familiar. Individuals, foundations and corporations are all scaling back their giving, often leaving nonprofit beneficiaries in the lurch. Just last week, the Bill & Melinda Gates Foundation, the world's largest philanthropic concern, said it would slow its donations next year because of the hobbled economy and turbulent financial markets.
Behind the headlines, however, a surprisingly encouraging trend is taking hold: A new generation of donors is moving into place -- an energetic and highly creative crowd that eventually could reshape philanthropy."
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