Boca Raton, Fla.

September 24, 2009, The Chronicle of Philanthropy - The businessman Raymond A. Rich has bequeathed a 60-acre estate valued at approximately $75-million to Marist College, in Poughkeepsie, N.Y., along with a $10-million cash gift. Mr. Rich, who lived primarily in Boca Raton, Fla., died in June at 97.

Investors aren't in a giving mood these days. But the deepening recession presents a rare opportunity for some people: By setting up a special trust, wealthy donors can seed favorite charities, pass money to heirs and shelter potential growth from taxes.

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