Monday, July 13, 2009

Economic downturn fails to dampen philanthropy - Telegraph

Economic downturn fails to dampen philanthropy - Telegraph: "A survey by Barclays Wealth of 500 wealthy individuals in the UK and US revealed that around 75pc had not reduced their contributions to charity, while more than one in four had increased their giving in the last 18 months.

Now that governments are overburdened with debt, the rich felt it more important than ever that wealthy individuals did their bit for charity, the report said."

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