Charitable giving still below peak

From The Wall Street Journal:

As the economy regained some momentum in 2010, Americans responded in kind by increasing their charitable giving.

Philanthropic donations from individuals, foundations and corporations increased 3.8% to $290.89 billion in 2010, up from $280.3 billion in 2009, according to the latest Giving USA survey, released Monday.

But with an uptick in 2010, the implications for fund-raising and for charities across the country remain uncertain for now, said Nancy Raybin, a spokeswoman for the Giving USA Foundation and managing partner of Raybin Associates, a New York-based nonprofit consulting firm.

...More than a third of all contributions made last year are to religious organizations and giving in that sector remained flat in 2010.


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