Last month the Giving USA Foundation™ and The Giving Institute released their 60th anniversary edition of Giving USA, an annual report on charitable giving in the United States. According to the report, Americans donated an estimated $358.38 billion to charity in 2014, highest total in report’s 60-year history. Below are additional highlights from the report:
- Individual giving, $258.51 billion, increased 5.7 percent in current dollars (and 4.0 percent when inflation-adjusted) over 2013.
- Foundation giving, $53.97 billion, was 8.2 percent higher than 2013 (the increase was 6.5 percent when inflation-adjusted).
- Bequest giving, $28.13 billion, increased 15.5 percent (13.6 percent when inflation-adjusted) over 2013.
- Corporate giving, $17.77 billion, increased 13.7 percent (11.9 percent when inflation-adjusted) over 2013 giving.