Another report out of Silicon Valley looks at whether geeks are stingy. CMPNet's online news service EE Times has a story that looks at efforts by Community Foundation Silicon Valley to encourage more charitable giving in the region.

The foundation recently conducted a survey that found that almost have of its wealthiest contributors give just $2,000 or less annually to charity.

"The Valley is a region that has clearly not reached its potential in charitable giving and volunteerism," the report said.

Peter Hero is president of the foundation. He told EE Times "We do have a strong pattern of giving, but we also have pockets of real stinginess."

Paul Lippe, senior vice president of Mountain View, Calif.-based Synopsys Inc., says in a few years the region's millionaires and billionaires will give more as they develop closer ties to the area and find more time away from work.

Full text of the article is currently found at:
http://www.eet.com/story/OEG19981029S0020