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FYI: Giving to the largest 400 foundations in the U.S. dropped last year for the first time in the 12 years since the Chronicle of Philanthropy began tracking the list. The Chronicle ranks the top 400 by the amount of private money they raise, and found 2002 donations down 1.2 percent, after adjusting for inflation, to a total of $46.9 million. For the previous five years, donations had gone up an average of 12 percent a year. Giving to the 400 groups on the list accounted for about a fifth of charitable contributions in 2002, which totaled $241 billion. [10/28/03]

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