Individual giving down again

Individual charitable giving totaled $217.3 billion in 2009, down some $11.2 billion from the estimated $228.5 billion given by individuals in 2008, a new report from the Center on Wealth and Philanthropy at Boston College finds.

To be published in the July/August issue of the Association of Fundraising Professionals' Advancing Philanthropy magazine, the report found that last year's 4.9 percent decline in individual giving (also known as household giving) followed a similar decline in 2008, when individual giving was down 6 percent from the previous year. This year, in contrast, individual giving totals are expected to range from $222 billion to $227 billion, a year-over-year increase of between 3 percent and 4.5 percent.

 
 
 
 
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