IBJNews

Report: Charitable donations ticked up in 2011

Back to TopCommentsE-mailPrintBookmark and Share

Charitable giving grew 4 percent nationally in 2011, but the increase was less than 1 percent after adjusting for inflation, according to a report released Tuesday by the Giving USA Foundation and The Center on Philanthropy at Indiana University.

Americans gave an estimated $298.4 billion to not-for-profits and religious organizations last year, the report says. Total donations were up from a revised $286.9 billion in 2010 and $280.3 billion 2009.

“It’s encouraging when we look at these numbers that total giving has increased for the second straight year,” said Una Osili, director of research at the IU center, “and we had one of the steepest declines in giving since World War II [during the recession].”

After accounting for inflation, researchers determined:

— Individual donations totaled $217.8 billion in 2011, increased 0.8 percent from 2010 and accounted for 73 percent of all gifts.

— Estate donations totaled $24.4 billion, increased 8.8 percent and accounted for 8 percent of all gifts.

— Foundation donations totaled $41.7 billion, decreased 1.3 percent and accounted for 14 percent of all gifts.

— Corporate donations totaled $14.5 billion, decreased 3.1 percent and accounted for 5 percent of all gifts.

Donations tend to follow the overall economy, Osili said, so as the nation slowly recovers, philanthropy is crawling back at a slight lag.

But “considerable uncertainty” remains about onging improvement, he said.

“Look at GDP, the stock market … many of those indicators continue to be somewhat volatile,” Osili said. “There’s likely going to be considerable uncertainty over what the future of giving will be next year.”

The growth rate in donations in 2010 and 2011 was less than half what it historically is after recessions.

In the two years after every recession in the past 40 years, charitable giving grew by an average of 2.6 percent after adjusting for inflation. After the most recent downturn, donations increased by 1.1 percent.

To summarize where the money went:

Religion was the biggest beneficiary of charitable giving, receiving $95.9 billion in 2011, which was 4.7 percent less than in 2010  and accounted for 32 percent of all gifts.

— Education received $38.9 billion, which was 0.9 percent more than in 2010, and accounted for 13 percent of all gifts.

— Foundations received $25.8 billion, 8.9 percent less and 9 percent of all gifts.

— Human services got $35.4 billion, 0.6 percent less and 12 percent of all gifts.

— Health received $24.8 billion, 0.4 percent less and 8 percent of all gifts.

— Public society-benefiting groups (such as United Way) got $21.4 billion, 0.9 percent more and 7 percent of all gifts.

— Arts, culture and humanities received $13.1 billion, 1 percent more and 4 percent of all gifts.

— International affairs got $22.7 billion, 4.4 percent more and 8 percent of all gifts.

— Environmental and animal organizations received $7.8 billion, 1.4 percent more and 3 percent of all gifts

— Individuals received $3.8 billion, 5.6 percent more and 1 percent of all gifts.

International affairs-related giving, once a blip in terms of total donations, has risen in recent years as the world becomes more connected via the Internet and social networks, Osili said. When news breaks about major natural disasters, especially, donations tend to surge.

Domestically, contributions have picked up for human services as people struggle with unemployment and other economic hardships, said Jim Yunker, chairman of the Giving USA Foundation.

Before accounting for inflation, the category took in 2.5 percent more money in 2011 than in 2010.

The problem, Yunker said, is that organizations such as food pantries and homeless shelters still can’t keep up with demand despite receiving more donations.
 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
thisissue1-092914.jpg 092914

Subscribe to IBJ
  1. Here are a few candidates for this new group, "ripped from the headlines." First up, that bizzaro State Senator Brent Waltz; secondly, the unethical Todd Huston, and his contractual arrangements scheme; Finally, but not least of all, the dishonorable Eric Turner. What sayeth you Greg Zoeller?

  2. Good day. I can't hide this great testimony that take place in my life I will love everyone to know it and be partaker that is why I always place it on answer, I am Mrs,Natalie Cuttaia by name, I live in Texas, United State Of America, I want to thank (Mr.Bruce Brandon) for his kindness upon my family life. I never knew that there is still nice lender like this on internet and earth here. Just some Months Back, I was in search for a loan of $100,000,00 as I was running out of money for feeding and rent. I was scammed $6,800 Dollars and I decided not to involve my self in such business again but a Friend of my introduced me to a loan firm due to my appearance and doings. And I told him that I am not interested of any loan deal anymore but he told me that there is still a nice lender who he will recommend me to, and I made a trial and I am most grateful lucky am I today, I was given a loan amount of $100,000.00usd, by this great Company (Bruce Brandon Loan Company) managed by (Mr.Bruce Brandon) If you are in need of a genuine or legit loan or financial assistance and you can be reliable and trusted of capable of paying back at the due time of the funds I will advice you to, contact him via: ( bruce.brandon071@gmail.com ) And you will be free from scams in the internet. All thanks to Mr.Bruce Brandon You are the one who remove me and my family out of poverty. The reason why i am doing this is that, i promise Mr.Bruce Brandon that if i truly got my loan, i will advertize his company and bring customers to his company. Contact him via ( bruce.brandon071@gmail.com )for the Loan you have been looking for..

  3. Hello, We are firm Organization formed to help people in needs of helps,such as financial help. So if you are going through financial difficulty or you are in any financial mess,and you need funds to start up your own business,or you need loan to settle your debt or pay off your bills,start a nice business, or you are finding it hard to obtain capital loan from local banks,contact us today via email mrsroseberrywilkinsfunds.usa@gmail.com So do not let these opportunity pass you by because Jesus is the same yesterday, today and forever more. Please these is for serious minded and God fearing People. Your Name: Loan Amount: Loan Duration: Valid Cell Phone Number: Thanks for your understanding to your contact as we Await Regards Management Email:mrsroseberrywilkinsfunds.usa@gmail.com

  4. The question is, where could they build a new stadium? It seems in the past year, all the prime spots have been spoken for with potential projects. Maybe in the industrial wasteland area a block past Lucas Oil? I think it needs to be close to the core, if a new stadium is built.

  5. Aldi is generally a great shopping experience. Still, I'm sure YOU wouldn't want to shop there, which I consider a positive.

ADVERTISEMENT