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Charitable giving in US tops
$400 billion for first time

Associated Press, by David Crary

Original Article

Posted By:Maryland_Patriot, 6/12/2018 8:58:05 PM

New York — Fueled by a surging stock market and huge gifts from billionaires, charitable giving in the United States in 2017 topped the $400 billion mark for the first time, according to the latest comprehensive report on Americans’ giving patterns. The Giving USA report, released Tuesday, said giving from individuals, estates, foundations and corporations reached an estimated $410 billion in 2017 — more than the gross domestic product of countries such as Israel and Ireland. The total was up 5.2 percent in current dollars (3 percent adjusted for inflation) from the estimate of $389.64 billion for 2016. “Americans’ record-breaking charitable giving

      


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Reply 1 - Posted by: Muncsdad, 6/12/2018 10:32:01 PM     (No. 11661906)

Tax cuts, anyone?

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Reply 2 - Posted by: Snapper451, 6/13/2018 3:08:48 AM     (No. 11662017)

Hold on, that would be “trickle down”? Can’t wait for Pelosi’s brain & face freeze press conference on this issue.

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