This is the time of year we think about giving, and let’s face it, getting. So here’s an idea. When we give to charitable organizations, we get quite a bit back — from the organizations and from Uncle Sam — and we feel good about it.
Americans gave $373.25 billion in charitable donations last year, according to the National Philanthropic Trust. The largest source of giving was individuals, at $268.28 billion, or 71% of total giving, followed by foundations ($57.19 billion/16%), bequests ($28.72 billion/9%), and corporations ($18.46 billion/5%).