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Giving to Charities Reflects Growing Wealth Gap

November 06, 2018 3:42 PM | Christina Marconi

America's growing economic divide is evident in American giving patterns, a new Chronicle of Philanthropy study finds.

Based on the total value of cash and stock received in 2017 from individuals, corporations, and foundations (excluding government grants, product donations, and contributions to donor-advised funds), America's Favorite Charities 2018 found that gifts to wealth-driven institutions such as colleges and hospitals soared over the past decade, while giving to United Way Worldwide and other household-name "blue-collar" charities that rely on donations from middle-class Americans fell.

Read more here.

Members can access content from the America's Favorite Charities 2018 report at the Philanthropy Exclusives news page and as reported in the November 1st edition of Member Insider.

 

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