According to the Associated Press, Americans gave nearly $300 billion to charitable causes last year, even beating the 2005 total was swollen by the of aid to victims of hurricanes Katrina, Rita and Wilma and the devastating Asian tsunami.
U.S. Citizens contributed an estimated $295.02 billion in 2006, a 1% increase when adjusted for inflation, up from $283.05 billion in 2005.
"What people find especially interesting about this, and it's true year after year, that such a high percentage comes from individual donors," Giving USA Chairman Richard Jolly said. Individuals gave a combined 75.6% of the total.
The biggest piece of the donations, $96.82 billion or 32.8%, went to religious organizations. The second largest donations, $40.98 billion or 13.9%, went to education, including gifts to colleges, universities and libraries.
"What people find especially interesting about this, and it's true year after year, that such a high percentage comes from individual donors," Giving USA Chairman Richard Jolly said. Individuals gave a combined 75.6% of the total.
The biggest piece of the donations, $96.82 billion or 32.8%, went to religious organizations. The second largest donations, $40.98 billion or 13.9%, went to education, including gifts to colleges, universities and libraries.
The report showed that about 65% of households earning under $100,000 give to charity, "It tells you something about American culture that is unlike any other country," said Claire Gaudiani, a professor at NYU's Heyman Center for Philanthropy and author of The Greater Good: How Philanthropy Drives the American Economy and Can Save Capitalism. .
Gaudiani said Americans give more than double the next most charitable nation--Great Britain, who gave roughly 0.73%. Not surprisingly, the frogs a/k/a France, kicked in at a 0.14% rate, far far behind countries like South Africa, Singapore, Turkey and Germany.
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