The latest Giving USA report on charitable giving has the following news:
Even with households across the country feeling continued financial pressure, Americans donated an estimated $316.23 billion to charitable causes in 2012. Modest overall gains in total contributions mirrored the nation’s recent economic trends, Giving USA Foundation™ and its research partner, the Indiana University Lilly Family School of Philanthropy, announced today.
Gregg Carlson, chair of the Giving USA Foundation said: “Most households feel pressured at every economic corner, but the longstanding social contract between Americans and the nonprofits they believe in remains resilient and intact; many see giving as a core budget item. The amount devoted to that category might shift up or down with annual economic realities, but it doesn’t go away.”
He added, “The $316 billion in total giving reflected by our 2012 data continues the positive twin trajectory of dollars coupled with hope. I would say the outlook is positive for those who believe in and understand the power of American philanthropy.”