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Overall Charitable Giving to Nonprofits Down, Online Giving Up
Based on data from 5,170 charities that raised more than $17 billion in the prior 12 months, The Blackbaud Index reported that overall charitable giving decreased 0.5 percent for the three months ending June 2015, compared to the same period a year earlier.
Among 3,786 charities that raised over $2 billion online in the prior 12 months, online giving grew 13.8 percent in the same three-month period, compared to the same period a year earlier.
NEW! Foundation Index Trends
Based on giving to 96 foundations representing more than $414.6 million in annual revenue, The Blackbaud Index reported that overall giving grew 4.7 percent in the three months ending in June 2015, compared to the same period in 2014. The new index includes — does not track as separate categories — giving to community foundations; corporate foundations; private foundations, including family foundations; and operating foundations.
“Over time, with growth in the number of foundations the Blackbaud Index tracks, and in giving to those foundations, the Foundation Index likely will break out giving to separate categories of foundations,” said Chuck Longfield Blackbaud’s chief scientist and creator of the Index. “Unlike Blackbaud’s other specialty indices, which track both overall giving and online giving to each sector, the new Foundation Index tracks only overall giving to foundations because online giving to them is not significant.”
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