According to Giving USA Foundation, charitable contributions have dropped by 5.7% in inflation adjusted terms in the last year. This apparently is the sharpest decline in the last 50 years. (See Time, June 22, 2009 issue, page 9).
This shows that most people (if not all) make charitable donations, not because they believe it is good (may be that is one of the reasons, but certainly not the primary one), but because they have lots of money. The real character is known when one makes charitable contributions in times of financial difficulty, not otherwise.
Saturday, June 27, 2009
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