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Getting Megagifts to the Neediest Causes

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Publication Date: May 2003

Publisher(s): Chronicle of Philanthropy

Author(s): Gary A. Tobin

Series: Chronicle of Philanthropy, vol.15, issue 14.

Special Collection: Berman Jewish Policy Archive

Topic: Banking and finance (Philanthropy and nonprofit sector)

Keywords: Higher Education; Fundraising and Philanthropy; Allocations

Type: Brief

Coverage: United States


The author argues that mega-gifts (defined as $10 million or more) are going to the most prestigious organizations rather than the neediest. The largest recipients of mega-gifts are higher education, health, and arts and culture organizations. The author challenges assumptions that mega-donors make about where their largest gifts should go and offers thoughts on changing the current culture.