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donations - All posts tagged donations

  • Jun 20, 2011
    12:14 PM ET

    The Important Charities You’re Ignoring

    iStockphoto

    Americans are returning to pre-recession charitable giving habits, according to a new report. That’s not entirely a good thing.

    Adjusted for inflation, charitable giving rose an estimated 2.1% last year to $290.89 billion, according to the Giving USA survey released today. That’s notable after the collective 13% drop in 2008 and 2009, yet means nonprofits have roughly six more years of recovery at similar rates to reach pre-recession levels. Donations from individuals increased 1.1%, which Giving USA says is consistent with other years immediately following recessions.

    The charities consumers choose are also shifting back toward pre-recession habits, suggests Patrick Rooney, the executive director of The Center on Philanthropy at Indiana University, which co-produced the report. In a statement, he points to the 3.5% and 4.1% increases in giving to education and to arts, culture and humanities — as well as the 1.5% drop in donations to human services like homeless shelters and food banks.

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