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Media Relations

High-dollar giving is 'contagious'

USA Today
Feb. 27, 2007

By Martha T. Moore

What made T. Boone Pickens, oilman, corporate raider and hedge fund billionaire, go from giving away mere millions to donating hundreds of millions? "It's pretty easy: I made more money," says Pickens, who earned the No. 8 spot on the list of the most generous Americans with donations of $172 million last year. "I had it to give away. And I have figured out I can't take it with me. So why not give it and see the results instead of leaving it and never knowing what happens to it?"…They've got plenty to give and they're being asked for more, says Eugene Tempel, director of IU's Center on Philanthropy.

Read the entire story: http://www.usatoday.com/money/2007-02-26-high-dollar-giving_x.htm

Learn more about The Center on Philanthropy at Indiana University: http://www.philanthropy.iupui.edu/

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