Author: The Center on Philanthropy at Indiana University

Publication Year:

Media Type: Report

Summary:

Abstract:

Giving USA 2004 offers facts and figures on philanthropic giving and an analysis of giving trends from the previous year.

According to this study, American individuals, estates, foundations, and corporations gave an estimated $240.72 billion to charitable causes in 2003. This is an increase of 2.8 percent over a revised estimate of $234.09 billion for 2002. This is the highest rate of growth seen since 2000. Adjusted for inflation, 2003 giving rose 0.5 percent from 2002, slightly below the inflation-adjusted growth rate of 0.6 percent from 2001 to 2002.

As part of the estimating procedure, Giving USA surveys nonprofit organizations about how much they received. For 2003, 55 percent of responding charities in the Giving USA survey reported an increase in charitable contributions in 2003 compared to 2002, 8 percent reported virtually no change and only 37 percent reported a decline in gifts. This is an improvement over 2002, when surveyed organizations were split nearly 50/50 between increases and decreases in contributions.

[Giving USA Foundation is a public service initiative of the Trust for Philanthropy of the
 American Association of Fundraising Counsel (AAFRC).]

Arts & Intersections:

Categories: Fundraising