“Is This Good News, Or Bummer News?”

By Jody Waits on Wednesday, June 10th, 2009 at 4:01 pm

Like many of you, I can count on my mother to cut to the chase.  Today was no exception.  Annually, philanthropy and fund development professionals anxiously wait for the release of research from Giving USA that outlines charitable donations for the prior year.  This morning, the 2008 data went live, including a story on the Today Show – which is how my mother got involved.  The total for charitable giving in the United States in 2008 was just shy of $308 billion dollars.  Mom sent email by 7:12A.M. asking: “Is that good news or bummer news?”

Thanks to Slimmer_Jimmer

Thanks to Slimmer_Jimmer

She asks a reasonable (and complex) question.  While $308B reflects a 5.7% decrease from 2007, the percentage change is far less than the declines we have seen in the stock market or home values, and far smaller than the increases to unemployment or foreclosure rates.  So, is a decrease actually good news?  For me, the total represents a mind boggling amount of resources shared.  Most important, this total confirms that even during pressing times, people are inspired to give, live out their values and ultimately have the power to change the world.  I think that is pretty awesome news.

The data further reminds us that half of all charitable giving comes from households that earn less than $100,000 annually, which is about 90% of the U.S. population.  That means you, me, our neighbors – pooling our gifts of all sizes and dreams of all scopes – are what make change and help possible.  Thank you for your support of Pride Foundation and the entire non-profit community.   While we know that there may still be turbulent economic times ahead, the generosity of individuals is rock-solid and always inspirational.

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One Response to ““Is This Good News, Or Bummer News?””

  1. Great response to the info – puts it in perspective, amidst all the doomsayers. I don’t care what the numbers say, our community still needs support, and generous individuals will always come together to create change.


    #47

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