
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: WEDNESDAY, May 26, 1993                   TAG: 9305260207
SECTION: NATIONAL/INTERNATIONAL                    PAGE: A5   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

DONATIONS TO CHARITY UP 6.4 PERCENT OVER '92

Despite the sluggish economy, individuals, corporations and foundations contributed $124.3 billion to charity in 1992, a 6.4 percent increase over the previous year.

Still, the showing was disappointing considering that the number of millionaires increased fourteen-fold and the baby boom generation moved into the 35-to-64 age category, the prime age for charitable giving. The total giving for 1991 was $116.8 billion.

The American Association of Fund-Raising Counsels' Trust for Philanthropy announced the findings Tuesday in Giving U.S.A., a yearbook on philanthropy that is widely regarded as the most comprehensive survey in the field.

Living donors contributed $101 billion, and bequests accounted for $8.1 billion.

- The New York Times

by CNB