Mia Kennedy


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Corporations, including corporate foundations, donated $12.7 billion in 2006, up 69 percent from 10 years earlier.
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For the first time charitable giving in 2007 broke through the $300 billion mark, with a total of $306.39 billion contributed by individuals, foundations, and corporations.
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Corporations and foundations contributed 5.1 percent and 12.6 percent respectively was 17.7 percent of the total philanthropic dollars in 2007.
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Charitable giving to colleges, universities and educational organizations accounted for the second largest share of all charitable giving at 14.1 percent. Educational institutions and organizations received $43.32 billion in gifts -- a 6.4 percent increase from 2006.
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