Record Giving: All U.S. ’04 charitable giving totaled a record $248.5 billion, according to the Giving USA Foundation. That record is expected to be broken in ‘05.by a special one-time tax break for major donors enacted by Congress allowing donors to deduct gifts up to 100% of adjusted incomes vs. the normal 50% limit. (USA Today 12/14/05)

http://garydfoster.com