Aug 13th, 2018

IT’S A GOOD TIME TO BE GENEROUS

IT’S A GOOD TIME TO BE GENEROUS:
Charitable Giving Up 5.2 % in 2017, ‘Giving USA’ Finds

Giving by individuals, corporations, and foundations totaled an estimated $410.02 billion in 2017, topping the $400 billion mark for the first time, the latest edition of Giving USA reports.
Produced by the Giving USA Foundation and Indiana University Lilly Family School of Philanthropy, Giving USA 2018: The Annual Report on Philanthropy for the Year 2017, found that giving for the twelve-month period rose 5.2 percent in current dollars (3 percent in inflation-adjusted dollars), with giving by living individuals up 5.2 percent (3 percent in inflation-adjusted dollars), to an estimated $286.65 billion; grant-making by foundations up 6 percent (3.8 percent), to an estimated $66.9 billion; corporate giving up 8 percent (5.7 percent), to an estimated $20.77 billion; and bequests up 2.3 percent (0.2 percent), to an estimated $35.7 billion.

Based on data provided by the Foundation Center, the report also found that giving by foundations has seen strong growth over the last seven years, with a five-year annualized average growth rate of 7.6 percent, compared with a 4.3 percent annualized growth rate for total giving over the same period.

[Source: https://philanthropynewsdigest.org/news/charitable-giving-up-5.2-percent-in-2017-giving-usa-finds]

Start Making a Difference Today

Leave Your Legacy.

DONATE TO A FUND

Start Your Fund Today!

Leave Your Legacy.

DONATE TO A FUND