“From everyone who has been given much, much will be demanded; and from the one who has been entrusted with much, much more will be asked” (Luke 12:48 NIV).
When Bank of America Philanthropic Management noticed that “the wealthiest 3% of American households responsible for nearly two-thirds of charitable giving,” it decided to study philanthropic giving. (The top 5% paid 54.4% of taxes in 2003.)
