January 29, 2009
A Year of Big BequestsRichest donors gave $15.5-billion in 2008, but this year looks gloomy
Even in a year in which the stock market swallowed up nearly $7-trillion in assets, America's wealthiest donors promised greater amounts to charitable organizations than in 2007: $15.5-billion in 2008, compared with $7.3-billion the previous year, according to The Chronicle's annual ranking of the 50 most generous philanthropists.
But most gifts from the donors on the list came from decisions made long
The Philanthropy 50