Wealthy Blacks Give Most Donations to Education and Religious Groups, Study Finds
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Wealthy black Americans are more likely to donate to educational institutions, religious organizations, and human-services groups than other affluent people, according to a new study.
Black donors who make at least $250,000 or who have $1-million in assets also tend to give anonymously and to nonprofits they know well, says Marguerite Griffin, national director of philanthropic services at Northern Trust Corporation, a financial-services firm in Chicago, which conducted the survey.
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