On Friday, September 19 the first quarterly meeting of 100+
Women Who Care - NRV chapter was held.
Present at the meeting were representatives of three local charities; NRV
Cares, Southwest Virginia Special Olympics NRV area, and Blacksburg
Interfaith Food Pantry.
Each presenter told us key facts about their organization and
their target recipients. The one thing
that was glaringly obvious when they were finished presenting was the pressing
need for help (money, time and more) right here in our own backyard.
It got me to thinking about how in my own family when we choose
to give it tends to be to those in need not only outside our community, but
outside our country!, typically to fight disease or disaster. I wondered how others behaved by comparison
in their giving. If you are wondering
too - here are some statistics. All data
is the property of Giving USA 2014, the Annual Report on Philanthropy.
Giving Statistics
Few people realize how large charities have become, how many
vital services they provide, and how much funding flows through them each year.
Without charities and non-profits, America would simply not be able to operate.
Their operations are so big that during 2013, total giving was more than $335
billion.
How big is the sector?
Total giving to charitable organizations was $335.17 billion in
2013 (about 2% of GDP). This is an increase of 4.4% from 2012. Although this is
the fourth straight year that giving has increased, it is still not at the
pre-recession level of $349.5 billion seen in 2007.
As in previous years, the majority of that giving came from
individuals. Specifically, individuals gave roughly $240.6 billion (72%)
representing a 4.2% increase over 2012. And it was the additional $9.69 billion
in gifts made by individuals that was the main reason overall giving is up in
2013.
Giving by bequest was $27.73 billion (up 8.7%), foundations gave
$48.96 billion (up 5.7%), and corporations donated $17.88 billion (down 1.9%).
Corporate giving accounts for just 5% of the total giving in
2013. And it was down primarily because of the slow growth in corporate pre-tax
profits.
Five types of charities have reached or surpassed all-time high
giving levels since the recession ended in mid-2009.
- Giving to Education charities was up 8.9% to $52.07 billion.
- Donations to Human Services charities were up 2.2% to $41.51
billion.
- Foundations saw an increase of 15.5% to $35.74 billion.
- Health charities experienced an increase of 6% to $31.86
billion.
- Charities that focus on the Environment / Animals saw an
increase of 7.5% to $9.72 billion.
Giving to International charities slowed due to fewer overseas
disasters.
Historically, Religious groups have received the largest share of
charitable donations. While this was still true in 2013, the percentage dropped
by 2% from 2012 making this the fifth year in a row it was down or flat. Even
with the 0.2% decrease in donations this year, 31% of all donations ($105.53
billion) went to Religious organizations. Much of these contributions can be
attributed to people giving to their local place of worship.
The next largest sector was Education with 16% of all donations.
Consider joining 100+ Women Who Care - NRV to help
us reduce the need locally. Your
contribution combined with those of your peers can have a large impact (up to
$10k) in any given quarter. It's not
easy for a local organization to raise that amount of money in such a short
time-frame.