May 7, 2009
Economic Pressures Prompt a Rise in Anonymous Philanthropy
At a time when many charities are desperately looking for new donors, an increasing number of philanthropists seem to be trying just as hard not to be found.
Data compiled by The Chronicle, and anecdotal reports from fund raisers and advisers to donors, suggest that a rising number of people are choosing to give anonymously.
During the past 10 months — a period that included a steep plunge in the stock market — the proportion of gifts worth
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