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Wealthiest nonprofits favored by foundations

By Marcella Bombardieri
and Walter V. Robinson
Globe Staff / January 11, 2004

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In 2001 alone, private foundations gave $28.7 billion to charities. Such a wellspring of good works was made possible by the enormous federal tax benefits that for generations have flowed to those wealthy Americans who create, through their foundations, enduring philanthropic legacies. (Full Article: 2300 Words)

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