Sarah Ford | June 19, 2012
Giving USA 2012 Report Finds Giving Barely Grew at All Last Year
For the second year in a row, charitable giving barely grew, rising by just 0.9 percent after inflation in 2011, according to today’s release of “Giving USA,” the annual yearbook of American philanthropy. The study estimated that the total donated was $298.4-billion.
The glacial pace of the economic recovery caused “Giving USA” researchers to make a far gloomier forecast about when a full recovery in charitable giving will occur.
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