Paul Schervish

For nearly a half-century, Boston College’s Center on Wealth and Philanthropy has taken an unusual approach to studying the charitable giving of the very rich, examining not just how much they give but why they do it and asking whether great wealth comes with an ethical obligation to be financially generous.

Now, as Boston is enjoying one of the most affluent periods in its history, the center is preparing to close.

The book "The Art of Giving: Where the Soul Meets a Business Plan" by renowned philanthropists Charles Bronfman, co-founder of the Andrea and Charles Bronfman Philanthropies, and Jeffrey Solomon, president of the Andrea and Charles Bronfman Philanthropies, guides philanthropists on how to get the most out of their giving.

There were 13.2 million black households in the United States in 2001,constituting 12.4 percent of all households in the country. Within these households, income, wealth and charitable giving have risen at a steady rate in recent years.

This according to “Wealth Transfer Estimates Among African-American Households,” a recently released report by researchers at the Boston College Center on Wealth and Philanthropy, authored by Paul Schervish and John Havens.

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