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America's got heart as giving rises for fifth straight year

About US$358b pour in for charitable causes in 2014; individual giving accounts for 54% of growth
Wednesday, June 17, 2015 - 05:50
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Bill and Melinda Gates, seen here during a session at the World Economic Forum in Davos, Switzerland, contributed US$1.9 billion to the Bill and Melinda Gates Foundation last year. The high-tech world in the US, including young entrepreneurs, donated several large gifts in 2014.

New York

CHARITABLE giving in the United States rose for the fifth year in a row in 2014, rebounding past a pre-recession peak to an estimated US$358 billion, according to a report from the Giving USA Foundation.

The report, Giving USA 2015: The Annual Report on Philanthropy for