Overall Charitable Giving to Nonprofits Down, Online Giving Up | Blackbaud News: "Overall Charitable Giving to Nonprofits Down, Online Giving Up
Posted on August 3, 2015 by Nicole McGougan
The Blackbaud Index debuts new specialty index focused on giving to foundations
Charleston, S.C. (August 3, 2015) – Blackbaud, Inc. (NASDAQ: BLKB) today updated The Blackbaud Index with charitable giving trends through June 2015, as well as announced the addition of a new foundation specialty index that tracks revenue from giving to foundations.
Based on data from 5,170 charities that raised more than $17 billion in the prior 12 months, The Blackbaud Index reported that overall charitable giving decreased 0.5 percent for the three months ending June 2015, compared to the same period a year earlier.
Among 3,786 charities that raised over $2 billion online in the prior 12 months, online giving grew 13.8 percent in the same three-month period, compared to the same period a year earlier."
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