April 5, 2001

Has the Philanthropic Boom Gone Bust, or Should We Be Bullish?

By H. PETER KAROFF

By H. PETER KAROFF

In the last couple of months, I've lost count of how many people have asked, "So, is it all over? Has a new golden age of philanthropy dissipated along with the fabulous wealth of the Nasdaq high rollers?"

We know, of course, that the Dow Jones industrial average and the Nasdaq are far below their historic peaks. But we also know that the amount of wealth in our society is still hugely greater than it was a decade ago, and far greater than has

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