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From: orb@whuxl.UUCP (SEVENER)
Newsgroups: net.politics
Subject: Re: Reply to nrh: Private Charity Stats
Message-ID: <456@whuxl.UUCP>
Date: Mon, 28-Jan-85 16:46:16 EST
Article-I.D.: whuxl.456
Posted: Mon Jan 28 16:46:16 1985
Date-Received: Wed, 30-Jan-85 04:11:19 EST
References: <1919@inmet.UUCP>
Organization: Bell Labs
Lines: 12

> It is true that pension funds go belly-up, and it is true that
> their insurers go belly-up, but it is also true that this is pretty
> rare, that such people are the legitimate objects of (private) charity,
 
National Public Radio had an interesting report from a study of
private charity.  The main subject of the report was the increased
giving by religious groups to innovative projects to help the poor.
But along the way they mentioned an interesting statistic: namely
that the total amount of private charity by religious groups,
corporations and foundations totals approximately $7.1 billion.
If the poor, aged and others less well off were forced to rely on
this amount they would quickly starve.