Illinois Foundations, Individuals Donate $9.1 Billion to Charity :: PNNOnline ::: "llinois Foundations, Individuals Donate $9.1 Billion to Charity
Posted by: jeleneb on Friday, December 16, 2005
Topic General Fundraising
Charitable giving in Illinois totaled $9.1 billion in 2003, an increase of 2 percent from 2001, according to a new report on foundation, corporate and individual giving trends in the state. Released by the Donors Forum of Chicago, Giving in Illinois 2005 found that this increase was fueled by a rise in individual giving, while foundation and corporate giving dropped for the first time in six years.
Giving in Illinois 2005 offers detailed analysis on grantmaking by region, subject area and support type using 2003 data, the most current data available for Illinois foundations.
After steadily increasing since 1997, grantmaking by foundations and corporations fell for the first time in 2003. Giving by foundations and corporations totaled $1.49 billion, a decrease of 9 percent from 2001. Meanwhile, giving by individuals in Illinois rose to $7.6 billion in 2003, an increase of 5.8 percent compared with 2001."
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