Giving to Vanguard falls; distributions grow
Contributions to the Vanguard Charitable Endowment Program fell to $490 million in 2010, down 9 percent from the previous year, while distributions to other charities from Vanguard Charitable donor-advised accounts grew to $541 million, up 50 percent.
Wealthy making smaller gifts
Over half of high-net-worth Americans are making their largest charitable gift to fund nonprofit operations, a new study says. Wealthy Americans also are volunteering more, and those who volunteer more are giving more.