By Maria Saporta
Published in the Atlanta Business Chronicle on Friday, June 21, 2013
As the economy continues to improve, charitable giving in the United States has increased. But at the current rate of growth, it will take another five years to reach the level of giving that the nation enjoyed at its height.
Americans donated $316.23 billion to charitable causes in 2012, according to the Giving USA Foundation and its research partner, the Indiana University Lilly Family School of Philanthropy.
“That is the largest number since 2008,” said David King, president of Atlanta-based fundraising firm Alexander Haas, who also is chair of the Giving Institute, which founded the Giving USA Foundation in 1985.