Fourth Annual Index of Global Philanthropy and Remittances Shows Private Philanthropy, Remittances Provide Lifeline to Developing Countries During Recession

The Index details the private philanthropy of U.S. foundations, corporations, private and voluntary organizations, volunteers, colleges and universities, and religious congregations. For the first time ever, the Index provides private-giving data by region and type of activity, showing that Africa receives the largest percent of corporations and charities' donations, while Latin America gets the bulk of giving by religious congregations.