|
Giving USA 2004,
researched and
written by The
Center on
Philanthropy
at Indiana University
and published by the
Giving USA
Foundation™ American
Association of
Fundraising Counsel
features 200 plus
pages on
Philanthropy in the
USA for the year
2003. In addition to
key findings,
sources and uses of
contributions, and
research findings,
the book also
includes substantial
sections outlining
the research
methodology
employed.
Of particular
interest to gift
planners is the
section on giving by
bequest found under
sources of
contributions. These
findings include:
-
Bequest giving
in 2003 reached
an estimated
$21.60 billion,
an increase of
12.8 percent
over the revised
estimate of
$19.15 billion
for 2002
-
Overall
household net
worth –
including assets
held in
securities,
bonds, real
estate, and cash
minus debts –
increased in
2003 by 6.0
percent
according to an
analysis of the
Federal Flow of
Funds data
prepared by the
Boston College
Center on Wealth
& Philanthropy
-
Bequest giving
in 2003 is 9.0
percent of total
estimated
giving, an
increase from
8.2 percent of
total estimated
giving in 2002 *
*Sources of
Contributions,
Giving by Bequest,
page 66, Giving USA,
a publication of the
Giving USA
Foundation,
researched and
written by the
Center on
Philanthropy at
Indiana University.
|
|
Large |
|
|
% of
organizations |
Average # of
bequests |
Average $
from
bequests |
|
Arts
|
77 |
12 |
1,905,550 |
|
Education
|
81 |
70 |
8,436,749 |
|
Environment
|
80 |
70 |
3,136,186 |
|
Health
|
80 |
148 |
12,941,758 |
|
Human
Services
|
60 |
14 |
961,831 |
|
International
|
78 |
62 |
3,475,536 |
|
Public-society
|
47 |
24 |
1,557,177 |
|
Benefit* |
|
|
|
|
Religion**
|
100 |
24 |
3,350,177 |
|
|
|
|
|
|
|
Medium |
|
|
% of
organizations |
Average # of
bequests |
Average $
from
bequests |
|
Arts
|
43 |
4 |
327,320 |
|
Education
|
52 |
6 |
578,494 |
|
Environment
|
55 |
12 |
896,601 |
|
Health
|
67 |
13 |
1,010,826 |
|
Human
Services
|
42 |
12 |
508,548 |
|
International
|
19 |
6 |
2,652,710 |
|
Public-society
|
29 |
3 |
457,063 |
|
Benefit* |
|
|
|
|
Religion**
|
56 |
2 |
36,340 |
|
|
|
|
|
|
|
Small |
|
|
% of
organizations |
Average # of
bequests |
Average $
from
bequests |
|
Arts
|
9 |
2 |
58,600 |
|
Education
|
11 |
1 |
239,396 |
|
Environment
|
24 |
3 |
47,673 |
|
Health
|
24 |
5 |
308,986 |
|
Human
Services
|
12 |
10 |
39,540 |
|
International
|
13 |
7 |
7,991 |
|
Public-society
|
8 |
2 |
173,633 |
|
Benefit* |
|
|
|
|
Religion**
|
24 |
2 |
25,673 |
*The Giving USA
survey did not
include private
foundations or
community
foundations. It did
include United Ways
and Jewish
Federations.
**The religion data
come from two
separate surveys
conducted by
Giving USA. The
large organizations
were on the
Chronicle of
Philanthropy
list of the 400
largest charities in
the United States.
The return rate was
19.2 percent. The
medium-sized and
small organizations
were surveyed
separately, and the
return rate was 5.2
percent. These
figures should be
used with caution.
Chart reprinted from
Sources of
Contributions,
Giving by Bequest,
page 67, Giving USA,
a publication of the
Giving USA
Foundation,
researched and
written by the
Center on
Philanthropy at
Indiana University.
The chapter also
outlines Events that
may have affected
giving by bequest,
discusses the need
for
accountability/good
communication due to
litigation and
discusses the repeal
of the estate tax.
To order a copy
of "Giving USA
2004," visit
www.givingusa.org
for an order form or
call1-888-544-8464
to order by phone. |
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