Estimated giving in 2007 grew about 3.9 percent from the previous year according to a recent press release from Giving USA, a group that has measured these statistics for decades.
It appears that Americans gave about $306.39 billion. This in a year that had rising gas prices, housing market chaos, and an awful mortgage crisis! And every charitable subsector examined saw an increase.
So if your organization isn’t seeing the philanthropic support you expected, don’t be too quick to blame the soft economy. Americans tend to be a generous bunch.
To read the entire press release, go to the Giving USA website.