AMOUNT OF CHAR­I­TA­BLE GIV­ING HITS RECORD HIGH

USA TODAY US Edition - - MONEY -

Char­i­ta­ble giv­ing surged to a record high in 2017 as Amer­i­cans gave more than $400 bil­lion for the first time, with gifts to foun­da­tions see­ing the largest in­crease, ac­cord­ing to a re­port re­leased Tues­day by the Giv­ing USA foun­da­tion. The re­port cited a ro­bust stock mar­ket and a strong econ­omy as ma­jor fac­tors in the rise. Though the over­all amount given to char­i­ties has risen, other re­ports have found the num­ber of Amer­i­cans giv­ing to char­ity is de­clin­ing.

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