January 15, 2009
Wealthy Donate Record Sums Despite the Recession
Even as the economy slipped into recession, America's wealthiest individuals were giving record sums to charity.
At least 16 individuals announced gifts of $100-million or more last year, more people than have ever done so in the 12 years that The Chronicle has kept a tally of the biggest charitable commitments announced each year. In 2006, at least 15 people gave that sum, and in 1998, 12 did so.
The total amount of the donations on the 2008 list far outstripped
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