May 1, 2003

Getting Megagifts to the Neediest Causes

By Gary A. Tobin

Megagifts -- donations of $10-million or more -- are a critical component of American philanthropy. Such donations accounted for more than $29-billion of the donations that charities received from 1995 to 2000, according to "Mega-Gifts in American Philanthropy," a new report by the Institute for Jewish & Community Research, a San Francisco think tank I direct.

Megagifts resonate far beyond their proportion of philanthropic giving. A large donation can instantly give the

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