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You are here: Home / American Philanthropy / More Numbers

More Numbers

June 25, 2008 By Dan Brown

From Main Street to China, the recently released Giving USA report is making news. In fact, the high number of articles in the press and on the blog-o-sphere points to an apparent high interest in the world of giving.

As we posted on Monday, U.S. charitable giving reached an estimated $306.4 billion in 2007, exceeding $300 billion for the first time. I am slowly beginning to make my way through the various pie-charts and graphs, and will have additional observations, but here are some quick stats, all unadjusted for inflation:

  • That was a 3.9% increase from 2006 in total giving; it is felt the increase is largely attributable to stock market performance in early 2007, overall growth in the GDP, and increases in corporate and personal income
  • Individual giving increased 2.7%
  • Corporate gifts rose 1.9%
  • Foundation giving increased by 10.3% to $38.52 billion dollars; charitable bequests grew by 6.9% to $23.15 billion

The report also looks at where people (corporations) donated:

  • Religious Organizations – $102.32 billion (up 4.7%)
  • Education – $43.32 billion (up 6.4%)
  • Human Services – $29.64 billion (up 8.4%)
  • Grant Making Foundations – $27.73 billion (down 9.4%)
  • Health – $23.15 billion (up 5.4%)
  • Public-Society Benefit – $22.65 billion (up 5.8%)
  • Arts, Culture, and the Humanities – $13.67 billion (up 7.8%)
  • International Affairs – $13.22 billion (up 16.1%)
  • Environment and Animals – $6.96 billion (up 10.8%)
  • Deductions carried over and other unallocated giving – $23.73 billion

Some interesting observations: this is the first year that religious and faith-based organizations have raised more than $100 billion.

The International Affairs category was up substantially and points to a more “worldly” perspective among millennial donors. This also applies to Environmental and Animal Welfare organizations that also saw a double-digit % increase.

For those of you interested, the complete report is available from the Giving USA Foundation.

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Filed Under: American Philanthropy Tagged With: trends

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