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$37-Billion in Noncash Gifts Donated by Americans
By Harvy LipmanAmericans reported giving $36.9-billion in noncash donations to charity on their federal tax returns in 2003, according to a new Internal Revenue Service study.
The biggest share of those contributions was made up of corporate stock, which accounted for $13.7-billion, or 38 percent of the total. Taxpayers gave nearly equal dollar amounts of two...