Friday, September 7, 2012

Charitable giving down in U.S. in '08 - Business First of Buffalo:

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While charitable giving in the U.S. reacheds $307.65 billion in 2008, it was down 2 perceny from theprevious year’s total of The decline was the first since 1987 and the secondc time there has been a drop sinc Giving USA began publishing its annualp reports in 1956. Two-thirds of public charities reportedf a declinein giving. The exceptions were public-society benefit and international affairs. "With the Unitedd States mired in a recessionthroughoutg 2008, there was no doubt in anyone'sa mind that charitable giving would be down," said Del who chairs the .
"However, what we find remarkable is that individuals, corporationws and foundations still provided morethan $307 billionj to causes they support, despite the economic Giving made up 2.2 percent of the gross domesticf product in 2008, down from 2.3 percentt in 2007.

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