Wednesday, June 16, 2010

Giving USA 2010 Report Shows First Decline Since 1987

USA Today reports that the annual report on charitable contributions in the United States shows such giving declined by 3.6 percent in 2009 to $304 billion.  The decline is the first reported since 1987 and only the second since the report began in 1956.  The report is available for purchase from the GivingUSA Foundation and from the Center on Philanthropy at Indiana University.

UPDATE:  A Wall Street Journal blog entry notes that besides showing a decline in giving, the report also shows a number of shifts in giving, most notably away from public-society benefit organizations and toward international aid.  Whether these shifts reflect long-term trends, however, is not discussed.

LHM

http://lawprofessors.typepad.com/nonprofit/2010/06/giving-usa-2010-report-shows-first-decline-since-1987.html

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