MANAGEMENT: The Blessings of Giving

Inflation has sent costs rocketing for colleges, religious groups and private charities, while heavy taxes have hit the private fortunes that were the sources of some of the biggest charitable gifts. But high taxes have had another effect: they have made it less costly for corporations to give to charity, thus reap large amounts of good will at cut-rate prices. Last week in a new book, Tax Planning for Foundations and Charitable Giving (Business Reports, Inc.; $12.50), Tax Experts J. K. (Your Income Tax) Lasser, William J. Casey and Walter Lord set...

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