Tuesday, April 11, 2006

Americans donate and volunteer a lot for good causes abroad - Atlantic Review

Americans donate and volunteer a lot for good causes abroad - Atlantic Review: "While it is well known that past and present U.S. governments spend much less on foreign aid as a percentage of GDP than most other rich countries do, the enormous amount of private aid is less well known outside the U.S. The State Department summarizes a new study:

The U.S. private sector donates to international causes at a level nearly four times the amount spent by the U.S. government on official development assistance (ODA), according to a report about to be published by the Hudson Institute’s Center for Global Prosperity. Called the Index on Global Philanthropy, the report tallies $71 billion in international donations by U.S. private charities, religious organizations, universities, corporations, foundations, and immigrants sending money home for the year of 2004 (the latest year available). That compares to $20 billion in government foreign aid for the same year. (...) "

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