Business
Charities Emerge from Recession with Record Donations
DONNA GORDON BLANKINSHIP, Associated Press
SEATTLE (AP) — Charitable giving in the United States has surpassed pre-recession levels for the first time in seven years, according to a national organization that tracks the generosity of Americans.
Americans gave an estimated $358 billion to charity in 2014, about $47 billion more than they gave in 2007, the previous peak of charitable giving in the United States. Last year marked the fifth year of increased giving, but the chairman of the Giving USA foundation said charities had not expected to reach pre-recession levels for a few more years.
“We know as the economy improved, things would get better. We were just not sure what that point would be,” said Keith Curtis, chairman of the Giving USA Foundation.
In 2014, giving increased from individuals, corporations, foundation and bequests, according to the Giving USA report, which was released Tuesday. Total giving increased by 7.1 percent from 2013 to 2014.
The annual Giving USA annual report is based on tax returns and other data collected by researchers in the Lily Family School of Philanthropy at Indiana University.
Most of the increases in donations to America’s more than 1 million charities were attributed to the improved economy. The economic downturn did not halt charitable giving, but the recession slowed it down and some Americans switched their donations toward human services during the recession, Curtis said.
Donors are now supporting many of the same causes they donated to pre-recession, although giving to religious causes has not grown as fast as other areas, including human services, education, the environment and the arts.
Giving to religious organizations still makes up the largest percentage of all U.S. donations — 32 percent in 2014 — but its dominance in philanthropy has been dropping for the past 30 years. In 1987, charitable giving to religious organizations represented 53 percent of all donations.
This downward trend is related to the decrease nationally in religious participation. People don’t give to churches they don’t attend, Curtis noted, but they continue to give to social service agencies run by religious groups.
Nonprofits learned a lot during the recession, Curtis said, and they came out of the economic downturn stronger, more strategic and with better donor relations. “Most of us weren’t well prepared. We didn’t realize how deep and long it would be,” he said.
Curtis said he hopes they will remember the experience and continue to plan for and be cautious about future economic volatility.
Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Activism
Oakland Post: Week of November 13 – 19, 2024
The printed Weekly Edition of the Oakland Post: Week of November 13 – 19, 2024
To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.
Activism
LIVE! — TOWN HALL ON RACISM AND ITS IMPACT — THURS. 11.14.24 5PM PST
Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024, 5 p.m. – 6:30 p.m. PST
Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024
5 p.m. – 6:30 p.m. PST
Discussion Topics:
• Since the pandemic, what battles have the NAACP fought nationally, and how have they impacted us locally?
• What trends are you seeing concerning Racism? Is it more covert or overt?
• What are the top 5 issues resulting from racism in our communities?
• How do racial and other types of discrimination impact local communities?
• What are the most effective ways our community can combat racism and hate?
Your questions and comments will be shared LIVE with the moderators and viewers during the broadcast.
STREAMED LIVE!
FACEBOOK: facebook.com/PostNewsGroup
YOUTUBE: youtube.com/blackpressusatv
X: twitter.com/blackpressusa
Activism
Oakland Post: Week of November 6 – 12, 2024
The printed Weekly Edition of the Oakland Post: Week of November 6 – 12, 2024
To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.
-
Alameda County4 weeks ago
Alameda County District Attorney Pamela Price Announces $7.5 Million Settlement Agreement with Walmart
-
Activism3 weeks ago
‘Jim Crow Was and Remains Real in Alameda County (and) It Is What We Are Challenging and Trying to Fix Every Day,’ Says D.A. Pamela Price
-
Bay Area3 weeks ago
In the City Attorney Race, Ryan Richardson Is Better for Oakland
-
Activism3 weeks ago
Oakland Post: Week of October 30 – November 5, 2024
-
Alameda County3 weeks ago
D.A. Price Charges Coliseum Flea Market Vendors in Organized Retail Theft Case
-
Activism3 weeks ago
‘Criminal Justice Reform Is the Signature Civil Rights Issue of Our Time,’ says D.A. Pamela Price
-
Activism3 weeks ago
“Two things can be true at once.” An Afro-Latina Voter Weighs in on Identity and Politics
-
Arts and Culture3 weeks ago
MacArthur Fellow Jericho Brown’s Poetry Reflects Contemporary Culture and Identity