June 10, 2009

Giving to Colleges and Other Charities Declines Nearly 6 Percent

By Paula Wasley

Donations to education organizations and nearly every other type of charity faltered in 2008, as contributions declined by 5.7 percent last year after adjustment for inflation, according to the new edition of Giving USA, which is scheduled to be released this morning. It was the steepest decline in the history of the survey, which has been conducted since 1956.

Americans contributed a total of $307.7-billion to charity last year, Giving USA reports–down from

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