Despite a volatile international stock market, Americans are continuing to generously support nonprofit organizations and programs. From GivingUSA:
Americans gave an estimated $358.38 billion to charity in 2014, surpassing the peak last seen before the 2008 economic recession, according to the 60th anniversary edition of Giving USA, released today. That total slightly exceeded the benchmark year of 2007, when giving hit an estimated inflation-adjusted total of $355.17 billion.The 2014 total jumped 7.1 percent in current dollars and 5.4 percent when inflation-adjusted over the revised estimate of $339.94 billion that Americans donated in 2013, according to Giving USA 2015: The Annual Report on Philanthropy for the Year 2014.
In addition, 2014 marked the fifth year in a row where giving went up; the average annual increase was 5.5 percent in current dollars (3.4 percent when inflation-adjusted).