U.S. nears charity giving record in response to natural disasters: "The urgent needs created by three major natural disasters -- the tsunami in Asia, earthquake in Pakistan and hurricanes Rita, Katrina and Wilma -- drove American philanthropy to its highest level since the end of the technology boom, a new study showed.
The report released today by the Giving USA foundation estimates that in 2005 Americans gave $260.28 billion, a rise of 6.1 percent, which approaches the inflation-adjusted high of $260.53 billion that was reached in 2000. "
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