Last week, a landmark study analyzing global philanthropy foundations worldwide was released by the Harvard Kennedy School with support from UBS. It found that there has been a boom in philanthropy in line with rising wealth levels across the globe. The analysis was three years in the making and it represents a first attempt to understand philanthropic practices and trends in different countries. Altogether, over 260,000 foundations were identified in 38 countries, 72 percent of which were established in the past 25 years.
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