Wednesday, September 19, 2012

Affluent Donors Prefer Restricted Gifts - Donors - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Affluent Donors Prefer Restricted Gifts - Donors - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: The richer a donor is, the less likely he or she is to make unrestricted gifts, a new study of the world’s wealthiest donors has found. Nearly 70 percent of donors with $1-million to $5-million in investable assets say they prefer to give unrestricted gifts to charity, while among those with assets of $50-million or more, just 45 percent say they prefer to make unrestricted gifts.

The study, conducted by Forbes magazine and Credit Suisse, polled 264 donors with investable assets of at least $1-million.

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