Whatever your take may be on the current economic crisis, many financial advisors foresee a positive trend in private philanthropy over the coming year. This optimism is despite the fact that estimated total charitable contributions from American individuals, corporations and foundations fell 3.6% from $315.08 billion in 2008 to $303.75 billion in 2009 (Giving USA 2010).

Indeed, according to the 2010 Fidelity Charitable Gift Fund Advice and Giving survey conducted among 503 producing financial advisors, more than one-fourth predict their

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