U.S. Charitable Giving Tops $400 Billion

By Fang Block

Boosted by a bull market and a strong economy, charitable giving in the United States surpassed the $400 billion mark for the first time in 2017, according to an annual report on philanthropy released Tuesday.

Last year, American individuals, bequests, foundations, and corporations—the four sources of charity giving—donated an estimated $410.02 billion, an increase of 5.2% over the revised total of $389.64 billion in 2016, the report shows.

To read more: https://www.barrons.com/articles/u-s-charitable-giving-tops-400-billion-1528828278