Because we live in a nation built upon an entrepreneurial and pioneer spirit that is mostly centered on individual accomplishment, dreams, and designs, giving credence to the role of philanthropy in our world is not unexpected. Giving is not the sole practice of the wealthy. Just the opposite.
Most do not survey the scope and breadth of the impact of philanthropy even though its presence is throughout our society and culture. A top source to search for stories and data? GIVING USA.
American individuals, bequests, foundations, and corporations gave an estimated $449.64 billion to U.S. charities in 2019, placing it among the highest years ever for charitable giving, according to findings in Giving USA 2020: The Annual Report on Philanthropy for the Year 2019.
▶ Notably, philanthropy data takes about two calendar years to compile and publish, because of the diverse and ubiquitous sources that track and supply such information.