Report: 2014 Charitable Giving Poised to Grow Almost 9 Percent Over 2013

The bulk of U.S. giving (74 percent) is done by individuals. However, foundations are currently the fastest-growing source of gifts. Foundation giving is expected to increase over 12 percent in 2014 to a total of over $65 billion.

"Going into 2015, charities would be well-advised to beef up efforts to pursue foundation grants," said Rob Mitchell, CEO of the Atlas of Giving. "Foundation grants, along with distributions from increasingly popular donor-advised funds, will represent strong opportunities for nonprofits in the months ahead."