In
its annual Giving USA report, the American Association of
Fund-Raising Counsel (AAFRC) Trust for Philanthropy released its
estimates of charitable giving in 2000 in late May. Total giving
was estimated at $203.45 billion, an increase of 6.6% over
1999’s estimate of $190.16 billion. Of special interest to gift
planners, the report indicates that an estimated $16.02 billion
came in the form of bequests—an increase of 2.6% from 1999.
Bequests accounted for 7.8% of all charitable contributions made
in 2000. Altogether, 82.6% of all gifts came from individuals.
More giving facts
Other
Giving USA 2001 statistics point out the
broad-based increases in giving to all types of organizations:
- Giving
to religious organizations increased 4.3%, reaching $74.31
billion—accounting for 36.5% of all charitable gifts.
- Gifts
to education reached $28.18 billion—up 2.6% from 1999 and
totaling 13.8% of all charitable gifts.
- Giving
to health-related organizations represented 9.3% of all
giving—up 4.9% to $18.82 billion.
- Human
services organizations received $17.99 billion—a 3.6%
increase from 1999.
- Contributions
to arts organizations were $11.5 billion—an increase of
3.9%.
- At
5.9%, the highest percentage increase in giving was
experienced by public/society benefit
organizations—exceeding $11 billion for the first time.
- Environment
and wildlife organizations received $6.16 billion—a 5.7%
increase from 1999.
- Gifts
to international affairs organizations increased 2.6% to $2.71
billion.
These
figures once again illustrate that the spirit of philanthropy in
America continues to be resilient in the wake of significant
losses in investment markets beginning in early 2000, and a
general slowdown in the long period of economic expansion that
began in the early 1990s. While growth percentages varied somewhat
depending on the nature of the cause, all segments of the
nonprofit sector participated in the growth experienced in the
year 2000.
Looking
to the future, based on the aging of the U. S. donor population
(see
“Making
Sense of the Census”), one might expect bequests and other
planned gifts to comprise an increasing percentage of the dollars
donated each year. Bequests already comprise upwards of 30% of the
annual gift income of many of the nation’s leading health
organizations, and other types of organizations can perhaps expect
their percentages to grow nearer these levels as a comparable
portion of their support base begins to be comprised of an older
group of persons.
For more information or to order a copy of Giving USA 2001, please call
AAFRC Trust for Philanthropy at 1-800-46-AAFRC or visit their Web
site at www.aafrc.org.
|