'Giving USA' Estimates Total Giving at $203.45 Billion

According to the American Association of Fundraising Counsel Trust for Philanthropy's new Giving USA estimates, U.S. charitable contributions in 2000 totaled $203.45 billion, an increase of 6.6 percent over the previous year.

Charitable contributions represented 2 percent of gross domestic product in 2000, a slight drop from the 28-year high of 2.1 percent achieved in 1999 and the same percentage as recorded in 1998.

The increase in total giving of roughly $12.66 billion occurred despite uncertainty in the political arena, a decelerating economy, and a volatile stock market. For the year, individual giving increased by roughly 4.9 percent; corporate giving rose by 12.1 percent; non-corporate foundation grants rose by 19.6 percent; and bequest gifts increased by 2.6 percent.

Giving to organizations in the public/society benefit subsector increased by 5.9 percent over the previous year, the biggest percentage increase for any subsector of the nonprofit economy tracked by Giving USA. Education giving, in contrast, increased by only 2.6 percent. The other subsectors tracked were arts, culture, and humanities; human services; environment/wildlife; international; and religion.

"Total Giving Reaches $203.45 Billion as Charitable Contributions Increase 6.6 Percent in 2000" AAFRC Trust for Philanthropy Press Release 05/23/2001.