The “Wealth Shame” Factor

from The Chronicle of Philanthropy:

A ‘Silent Giving’ Phenomenon?

Some experts predict that, when the next Giving USA tally of philanthropy comes out in a few weeks, the research will show another drop in giving for 2009, on top of a record decline in 2008.

Not Bob Hartsook. The Kansas City, Mo., fund-raising consultant projects that giving actually increased last year by about 2 percent, because, he writes, “2009 was the year that it was embarrassing to be successful.” As a result, he says, many large gifts were not reported or acknowledged last year.