On this Special Edition of the Futures in Fundraising Podcast, Alexander Haas President and CEO, David King breaks down the numbers in newly released Giving USA 2018: The Annual Report on Philanthropy for the Year 2017.
Here’s a quick look at the Giving USA numbers for 2017.
Charitable Giving by Source:
- Giving by individuals totaled an estimated $286.65 billion, rising 5.2% in 2017 (an increase of 3.0%, adjusted for inflation).
- Giving by foundations increased 6.0%, to an estimated $66.90 billion in 2017 (an increase of 3.8%, adjusted for inflation). Data on foundation giving are provided by the Foundation Center.
- Giving by bequest totaled an estimated $35.70 billion in 2017, increasing 2.3% from 2016 (a 0.2% increase, adjusted for inflation).
- Giving by corporations is estimated to have increased by 8.0% in 2017, totaling $20.77 billion (an increase of 5.7%, adjusted for inflation).
Charitable Giving to Recipients:
- Giving to religion increased 2.9% (0.7% adjusted for inflation), receiving an estimated $127.37 billion in contributions.
- Giving to education is estimated to have increased 6.2% (4.0% adjusted for inflation) to $58.90 billion.
- Giving to human services increased by an estimated 5.1% (2.9% adjusted for inflation) totaling $50.06 billion.
- Giving to [grant-making] foundations is estimated to have increased by 15.5% (13.1% adjusted for inflation) to $45.89 billion, based on data provided by the Foundation Center.
- Giving to health organizations is estimated to have increased by 7.3% (5.1% adjusted for inflation) to $38.27 billion.
- Giving to public-society benefit organizations increased an estimated 7.8% (5.5% adjusted for inflation) to $29.59 billion.
- Giving to arts, culture, and humanities is estimated to have increased 8.7% (6.5%) to $19.51 billion.
- Giving to international affairs is estimated to have declined 4.4% (6.4% adjusted for inflation) to $22.97 billion.
- Giving to environment and animal organizations is estimated to have increased 7.2% (5.0% adjusted for inflation) to $11.83 billion.
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