Charitable giving recovered somewhat last year, according to new estimates by the Giving USA Foundation, but experts are predicting that this year will present more challenges to nonprofit fund-raisers.
Individuals, companies and philanthropic institutions made gifts and pledges totaling an estimated $290.89 billion in 2010, an increase of 2.1 percent on an inflation-adjusted basis over a revised estimate of $284.85 billion the year before.
The increase was the first since 2007, when the recession started and led to the biggest decline in giving in more than 40 years.