The Chronicle of Philanthropy
SPECIAL REPORT

American Generosity: Its Rise and Fall

By COLIN BURKE

The last 100 years of American charitable giving were not marked by continuous progress. The century has a disappointing ending. It began as a new and bright era of generosity. Then, after a modest step backward in the 1920s, a 40-year "golden age" emerged -- one that gave hope to reformers who had faith in a voluntary society.

But...

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