Sep
4
Written by:
Frank Callahan
9/4/2008 11:18 AM
Glenview, Ill. (June 23, 2008)—Charitable giving in the United States is estimated to be $306.39 billion in 2007, exceeding $300 billion for the first time in history, according to Giving USA 2008, the yearbook on philanthropy released today by Giving USA FoundationTM.
Every type of public charity receiving donations saw gains in 2007. The subsectors examined in Giving USA are: Arts/Culture/Humanities; Education; Environment/Animals; Health; Human Services; Public-Society Benefit; International Affairs; and Religion. Foundations saw a decrease. Private foundations are not technically a form of public charity, but are examined in the report, as are community and operating foundations.
The estimates for 2007 indicate that giving rose in 2007 by 3.9 percent (1 percent adjusted for inflation), says the report, which is researched and written by the Center on Philanthropy at Indiana University.
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