by Jim Eskin
We just received another vivid reminder of the scope of America’s vast philanthropic enterprise and its impact.
The 2016 release of Giving USA: The Annual Report on Philanthropy estimates that the total of charitable contributions from individuals, estates, corporations and foundations was $373.25 billion in 2015, a 4.1 percent increase in current dollars over the prior year and 4 percent in inflation-adjusted dollars. This sets a record for the second year in a row.
This donation rate of more than $1 billion a day is proof positive of the generous nature of the American people, who embrace the notion that good fortune is for sharing in the form of time, talent and treasure.
One of the most uplifting dimensions of American philanthropy is that it is not restricted to only the wealthiest among us. People from all backgrounds and all walks of life choose to make a difference as donors.
According to Gallup, more than 80 percent of Americans say they donate money to a charitable cause and 65 percent say they volunteer their time to a religious organization or some other charity.
American philanthropy is also distinguished by diversity. There are more than 1 million nonprofit organizations in the U.S. and more than 6,000 nonprofits in the San Antonio area alone. That means there is a boundless variety of ways to get involved. Each can charge your batteries and make you a better person as you help make life better for others.
Giving is a highly personal decision aligning your interests, values and priorities with a cause. There are no bad choices, and choices change over time. Sharing time and money are effective ways to make a difference. Not surprisingly, each form of sharing reinforces the other. People who volunteer for a favorite cause are more likely to financially support it. And vice versa.