By Daniel Hamon
In the midst of a recession, Americans donated an estimated $307 billion for charitable causes in 2008, marking the second year in a row in which Americans have given more than $300 billion. A report from the Giving USA Foundation tracks giving by types of donors and recipients and shows that charitable giving by individuals continues to be the largest component of all donations, reaching $229 billion or 75% of the total. Religious and educational institutions received $146 billion or 48% of the total.
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