The Most Major of Major Gifts

But contemporary philanthropists, flush with new wealth earned during and subsequent to the dot-com boom of the ’90s, are choosing a wider array of beneficiaries.

For those charities privileged enough to receive a transformational gift, the impact is stunning. A budget deficit might disappear. A brand might suddenly be poised for a turn. Credibility with other donors may zoom to new levels. Certainly, long-term plans for service delivery can be surrounded by a new blanket of financial security and certainty.