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Hold the Toasts to Generosity. In Fact, the Rich Give Away Very Little of Their Wealth

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American individuals, estates, foundations and corporations contributed an estimated $390.05 billion to U.S. charities in 2016, according to Giving USA 2017: The Annual Report on Philanthropy for the Year 2016, released today. Total giving rose 2.7 percent in current dollars (1.4 percent adjusted for inflation) from the revised estimate of…

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