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Chronicle%20of%20Philanthropy<%2Fem><%2Fa>%20study.%20The%20top%2050%20donors%20on%20The%20Chronicle's<%2Fem>%20list<%2Fa>%20committed%20a%20total%20of%20$7.4%20billion%20to%20charity%20in%202012.%20The%20median%20gift%20was%20$49.6%20million,%20down%20significantly%20from%202007’s%20high%20of%20$74.7%20million.%20Most%20of%20the%20money%20went%20to%20big,%20elite%20institutions.%20Seventy-two%20percent%20of%20the%20dollars%20pledged%20supported%20higher%20education,%20arts%20and%20culture,%20hospitals,%20and%20private%20foundations.%0D%0A%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Faggregatedcontent%2Famerica-s-big-donors-lag-charitable-giving%2F" target="_blank" class="email" data-post-id="13102" type="icon_link">
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Megaphilanthropy last year remained below levels seen before 2007’s economic shock, according to a new Chronicle of Philanthropy study. The top 50 donors on The Chronicle's list committed a total of $7.4 billion to charity in 2012. The median gift was $49.6 million, down significantly from 2007’s high of $74.7 million. Most of the money went to big, elite institutions. Seventy-two percent of the dollars pledged supported higher education, arts and culture, hospitals, and private foundations.
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