Americans Donated Over $300 Billion in 2007
Americans donated $306 billion to charities in 2007, as U.S. philanthropic giving rose to a record level despite a downturn in the national economy, a survey being released today has found.
Charitable giving increased 1 percent last year, when inflation is taken into account, and surpassed $300 billion for the first time, according to the Giving USA survey.
So despite a slow economy, Americans gave more money than ever before. And, while it does include religious charitable donations, it doesn't include money liberals in support of their Messiah.
Comments
This is a very positive thing to hear. If you ask anyone in the non-profit industry, they will tell you the money is drying up, things aren't like they used to be, and we are all suffering. It sure sounds like that's not true, that there are donations being made, it's just probably in a different means or manner than most non-profits are used to, and they will have to adapt to retain their piece of the pie.
Posted by: Greg | July 8, 2008 10:08 PM
It may also be that there are more non-profits than before, so the increase in the number of people looking for a piece of the pie is growing faster than the pie itself, resulting in smaller pieces.
Posted by: Paul Smith Jr | July 8, 2008 10:22 PM