US Charity Donations Hit 2007 Record Despite Soft Economy

Americans shook off economic uncertainty and gave a record 306.4 billion dollars to charitable causes in 2007, an increase of 3.9 percent for the year.

The annual survey by Giving USA Foundation and the Center on Philanthropy at Indiana University showed a rise in overall donations but hesitation by individual donors and companies affected by economic woes.

Full-text press release is available via the Association of Fundraising Professionals, 6.23.08.