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May 24, 2000
$190-Billion Donated to Charity in 1999, Says New ReportBy HOLLY HALL and NICOLE LEWISContributions to charity grew by 6.7 percent in inflation-adjusted dollars to $190-billion last year, according to the newest edition of Giving USA, which was released Wednesday. The pace of giving slowed slightly in comparison with 1998, when donations rose by 9 percent, according to the report, which is compiled annually by the American Association of Fund-Raising Counsel Trust for Philanthropy. The slowdown probably reflects shifts in the economy that have unnerved many donors, experts said. Even so, many charities fared well in 1999. Among the key findings of the survey:
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