7/18/06

Second golden age of philanthropy

"I think that what we're seeing is a second golden age of philanthropy. Exactly a century ago, we had the Carnegies, Rockefellers, and the Mellon families. More recently in the late 1990s with the tech boom, we've had a surge in the number of foundations."

--Jeff Martin, a spokesman for the Council on Foundations, an association of foundations and corporate-giving programs.

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