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Hard To Make Ends Meet

by mike · 2006-11-13

In 1995, estates worth $20 million or more gave away 25.3 percent of their wealth; by 2004, that figure had dropped to 20.8 percent. At the same time, the percentage of $20 million-plus estates that gave nothing to philanthropy increased more than 5 percent, to a total of 47.7 percent. Think about it — more than half the families worth more than $20 million do not give a dime to charity of any kind.

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