Publication Date: January 2007
Publisher: Institute for Jewish and Community Research
Author(s): Gary A. Tobin; Aryeh K. Weinberg
Research Area: Banking and finance
Keywords: Foundations; Fundraising and Philanthropy; Higher Education; Allocations
Coverage: United States
The authors examine a large sample of donations to determine giving patterns for mega-gifts (defined as $1 million or more). The data presented in this study provide a unique look at the highest end philanthropy.
Strong trends are observable among the data.
Higher education, both public and private, is
the single largest recipient, receiving over $18
billion. The second most popular sector for
giving was health, receiving about $7 billion.
The third most popular area of giving was
arts and culture, receiving about $5 billion.
The data shows that minimal risk-taking in
mega-giving reigns in practice, even if megagivers
often want to be "thinking outside the box."