Giving By the Numbers
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As the economy continued to plummet to levels many thought impossible in the first quarter of 2009, few sectors trembled more than the non-profit community.
With incomes down, jobs lost, and retirement funds crippled, many are wondered what people would have left to give. Times will certainly be tough, but there is a silver lining to hold onto. Even in the Great Depression, Americans gave. While total giving dropped, charity as a percentage of income sunk only slightly, less than two percent.
While arts organizations felt a bigger hit, education and human services saw people shift their giving to them, which helped make up for declines. Here’s a look at giving in times good and bad, in simple numbers.
$14 billion
The total giving by Andrew Carnegie and John D. Rockefeller in their lifetimes (in 2003 dollars)
$13 billion
Total federal spending in 1910 (in 2003 dollars)
$23 billion
Total given or pledged by Bill Gates in 2003
$2.16 trillion
Total federal spending in 2003
22
Percent decline in charitable giving in the United States from 1929 to 1933
1.8
The drop in giving as a percentage of income by Americans throughout the depression
2.3
Percent decline in giving to colleges and universities from 1930 – 1938
28
Percent of all charitable giving that comes from families with a net worth of $5 million or more
$25,264
The mean giving for households with a net worth between $1 million and $5 million in 2007
$1,753
The average amount contributed to charities by U.S. households in 2004
1
Rank of Utah in charitable giving per household in the United States
34
Rank of Wisconsin
Sources: Center on Philanthropy at Indiana University; Futureofphilanthropy.org; New York Times; Philanthropy.com; Wealth Manager Magazine; USA Today