The Chronicle of Philanthropy

http://philanthropy.com/free/update/2000/05/2000052401.htm

$190-Billion Donated to Charity in 1999, Says New Report

By HOLLY HALL and NICOLE LEWIS

Contributions 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:

A full report on the survey results will be published in the June 1 issue of The Chronicle, which will be available online as of Tuesday morning, May 30.

Copyright © 2000 The Chronicle of Philanthropy