Good News: Increased Charitable Contributions

The United States is slowly coming out of the recession.  Among the good news is the report that charitable contributions from Americans in 2011 increased by 7.5% over year 2010 to a total of $346 billion.  This increase was much greater than the economic growth for the year.  Although high unemployment continues, 75% of the giving is from individuals (with 13% from foundations, 7% from bequests, and 5% from corporations).  Many know that it is better to give than to receive.

Read more here.