Sunday, May 19, 2013

Latest local news, weather and high school sports from Amarillo

2009 charitable giving falls 3.6 percent in US
Posted: 06.09.2010 at 5:05 AM
0

CHICAGO (AP) -- Even though a new report says charitable giving fell by 3.6 percent last year, some philanthropic experts are breathing a sigh of relief.

They feared the decline would be much worse as Americans continued to struggle with the recession.

The Giving USA Foundation says Americans donated almost $304 billion during 2009, the second worst year since the annual survey began in 1956. The worst year was 1974, when giving fell an inflation-adjusted 5.5 percent.

Donations were up for human services, health, international affairs and environment and animal-related groups. But donations to education, arts, culture and humanities organizations fell overall.

The survey says individual giving increased at the very end of the year, when the stock market rose and media highlighted charities' needs.

(Copyright ©2010 by The Associated Press. All Rights Reserved.)

Popular Stories
Thumbnail
Pronews 7 hopes to give away Powerball jackpot
Friday, May 17, 2013  |  25 comments
Thumbnail
Homer's Backyard Ball works to carry on tradition
Mari Samarripas  |  Yesterday at 6:20 PM
Thumbnail
Amarillo Zoo celebrates Asian Pacific Month
Mari Samarripas  |  Yesterday at 6:23 PM
Follow Connect Amarillo
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Special Features
Featured Sponsors
Valuable information from our experts
Medical Breakthroughs
Medical daily news
Money Talks
Get money tips from expert Stacy Johnson
ADVERTISEMENT