This article was updated on January 13, 2015. See our editor’s note.
Pockets of extreme generosity can sprout in curious places. Exhibit A: the 60601 Zip code in the Loop in downtown Chicago.
Although overall giving in the Windy City declined 5.1 percent from 2006 to 2012 when measured against residents’ income, the folks in 60601 topped 15 percent.
It is possible that a single megagift or a few ballooned the percentage for the Zip code. But a more likely reason, according to Jamie Phillippe, vice president of development and donor services at the Chicago Community Trust, is that suburban baby boomers whose children have moved out of the house have moved back into the city, occupying its gleaming new luxury high-rises.
We're sorry. Something went wrong.
We are unable to fully display the content of this page.
The most likely cause of this is a content blocker on your computer or network.
Please allow access to our site, and then refresh this page. You may then be asked to log in, create an account if you don't already have one, or subscribe.
If you continue to experience issues, please contact us at 571-540-8070 or cophelp@philanthropy.com