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Nonprofits Take Note – Not a Proud Admission

The year before last, the son of a colleague I highly respect passed away. There were no notices about causes the family desired to support after his passing nor guidance on monetary gifts. However, I wanted to contribute. Rather than burden the grieving family by sending a check with the request to donate where they desired, I opted […]

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Charitable Giving on the Rise in China

WHEN Warren Buffett and Bill Gates held a banquet for Chinese billionaires in 2010, they hoped to win them over to philanthropy. They got the cold shoulder. Many wealthy industrialists stayed away, and none of those who attended signed their “Giving Pledge”. This meanness was not due to penury: China boasts more dollar billionaires today […]

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