Gilded Giving: What Happens When Billionaires Dominate the Charitable Sector

The last couple of years have been boom years for philanthropy. Total donations from individuals, foundations, and corporations rose in 2015 to over $373 billion, a 10 percent increase since 2013.But behind this statistic is a troubling trend. The charitable sector is getting a growing number of mega-donations from wealthy donors and experiencing a simultaneous decline in donations by low and middle-income households.

Source: Gilded Giving: What Happens When Billionaires Dominate the Charitable Sector

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