Beltway Confidential

New study: Charitable giving reaches annual record highs

By Jason Russell

Published June 20, 2015 9:00am ET

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New study: Charitable giving reaches annual record highs — Bill Clayton, Executive Director, NRG Retail Charitable Foundation, presents a $50,000 check to The Salvation Army, at the fourth annual Reliant Home Run Derby, Tuesday, May 19, 2015. (AP Photo)Â | Brandon Wade

Americans’ donations to charity reached record highs in 2014 with $358 billion given, passing the previous record set in 2007, before the recession began.

Donations rose for the fifth year in a row, according to the Giving USA Foundation, which publishes an annual report on giving. Its report on the donations received by the United States’ 1 million charities is the “longest-running and most comprehensive” report on charitable giving in the country.

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GDP Jason Russell Philanthropy Religion