NEW YORK — Wealthy donors are lavishing money on their favored charities, including universities, hospitals and arts institutions, while giving is flat to social service and church groups more dependent on financially squeezed middle-class donors, according to the latest Giving USA report.
The report, being released Tuesday, said Americans gave an estimated $335.17 billion to charity in 2013, up 3 percent from 2012 after adjustment for inflation.
Reflecting the nation’s widening wealth gap, some sectors fared far better than others. Adjusted for inflation, giving was up 7.4 percent for education, 6.3 percent for the arts and humanities and 4.5 percent for health organizations. Giving to religious groups declined by 1.6 percent, and giving to social service groups rose by 0.7 percent.
Experts with the Giving USA Foundation and its research partner, the Indiana University Lilly Family School of Philanthropy, said it was the fourth straight year of increased overall giving, and predicted that in two years, the total could match the pre-recession peak of $347.5 billion.
