Wealthy Give More Overseas, Less to Education, Religion

It is no surprise that charitable giving by the wealthy declined last year. According to a report released today by Giving USA and the Center on Philanthropy at Indiana University, individual giving fell an estimated 0.4% in 2009, to $227.41 billion–a fairly mild drop. Total giving, by the wealthy, companies, foundations and bequests, fell 3.9% to $303.75 billion.