Out of marathon's tragedy, and with tax deduction threatened, Boston-area nonprofits find 2013 to be a record-setting year for charitable donations.
"Three of Boston’s largest nonprofit foundations reported record gifts for the past fiscal year, as donors shared gains from a rising stock market and sought to get ahead of any potential changes in charitable tax deductions. The Boston Foundation said it raised a record $131.7 million in donations in the past year, a 26 percent increase over the prior high in 2008, and double last year’s intake. And two other major Boston charitable foundations also saw record years — Combined Jewish Philanthropies and the Fidelity Investments arm that manages charitable accounts for clients." -- Beth Healy, the Boston Globe