Majority of 7-Figure Charitable Contributions Come From Local Donors, Study Finds

For donors and charities, there’s no place like home when it comes to very large gifts, according to a new study of publicly announced gifts of $1 million or more released by the Indiana University Lilly Family School of Philanthropy. The majority of such gifts (60 percent) come from donors who live in the same state or geographic region as the nonprofit or foundation that receives the gift, the report finds.