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Report: Young donors imaginative
Young people "want to be part of what happens" to their money, said Claire Gaudiani of the Heyman Center for Philanthropy and Fundraising at New York University.
One example is CharityWater.org, started two years ago by Scott Harrison, to drill wells in developing nations and let donors track the projects through Google maps, USA Today reported, noting donors have funded 624 projects serving 250,000 people in 12 countries.
Harrison, 32, a former New York nightclub promoter, said he left his "selfish life" to restore people's faith in charities. "People I talk to in their 20s and 30s feel they've been burned," he said. "They don't know what happens to the money."
In 2007, philanthropic donations exceeded $300 billion for the first time, coming from people of all income brackets, many of whom promoted a favored charity through video postings or made "micro-donations" in small amounts by text message through cell phones, USA Today reported.
Copyright 2008 by United Press International
This news arrived on: 10/07/2008
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