Latest ‘Giving USA’ Report Shows National Charitable Donations at $390.1 Billion in 2016

From The Chronicle of Philanthropy:

Charitable giving hit a record high for the third straight year in 2016, reaching $390.1 billion, according to "Giving USA," an annual study that estimates American philanthropy. However, donations rose at a slower rate than in recent years — 1.4 percent — as key economic indicators grew modestly and a divisive election season sowed uncertainty.

Foundation and corporate giving saw modest gains, with each increasing by a little more than 2 percent, to $59.3 billion and $18.6 billion, respectively. Giving to arts and culture groups grew by 5.1 percent, the second-biggest jump [by giving category], reaching $18.2 billion.

Read the full article at The Chronicle of Philanthropy.

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