Center on Philanthropy at Indiana University

Despite a worldwide economic decline, the nine-figure gift is not dead.

A large majority of Indiana residents trust nonprofit organizations and charities in their communities to do what is right most or just about all the time, according to a new Indiana University survey.

Today, the Phoenix-based Lodestar Foundation and Arizona-Indiana-Michigan (AIM) Alliance presented a $250,000 national award as the first-ever Collaboration Prize to two groups — the Museum of Nature & Science in Dallas, Texas and the YMCA & JCC of Greater Toledo — at a luncheon ceremony in Scottsdale, AZ. Originally intended as a $250,000 award to one winner, the contest resulted in a tie, with each winner taking home $125,000.

Amid the debates over President Obama’s proposal to reduce tax breaks for affluent donors, a study released today shows that half of wealthy Americans say their charitable giving would be unaffected by the elimination of federal tax provisions designed, in part, to spur philanthropy.

A majority of affluent Americans say their charitable giving would be unaffected by the elimination of federal tax provisions designed, in part, to encourage philanthropy, according to a new study by Bank of America and Center on Philanthropy at Indiana University.