A new report finds more big donors are giving big money to big institutions, but …

Fewer donors are responsible for more charitable giving than ever before, according to a new report from the Institute for Policy Studies. The good news is that those mega-donors are helping charitable giving grow at a healthy rate. The bad news, according to the report’s authors, is that mega-donors make charity increasingly undemocratic and concentrate philanthropy in sectors that matter most to them, not necessarily the most worthy.

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