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Philanthropy’s best-kept secret: the more you have, the less you’re required to give

The 50 largest private foundations in America hold more than $535 billion between them, obliged o distribute 5% each year, a minimum unchanged since 1969.

Philanthropy’s best-kept secret: the more you have, the less you’re required to give

We haven't written up this one. Fortune has the full story — the link below goes straight to it.

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