"2015 Was America's Most-Generous Year Ever."

That's the headline from this year's Giving USA Report. And that's good news for the nonprofit sector.

If you're not familiar with the Giving USA Report, it's the longest-running annual report on charitable giving. The report was researched and written by the Indiana University Lilly Family School of Philanthropy, and it's published by Giving USA.

Here's what you need to know from this year's report, along with 15 fun facts about the numbers.


GIVING IN TOTAL

FUN FACT #1: Charitable contributions reached a new all-time high in 2015. The total works out to Americans giving more than $1 billion to charity every day in 2015. More than $1 billion! Every day!

FUN FACT #2: 2015 marked the sixth consecutive year of year-over-year giving increases. Experts attribute the increases to the country's improving economy. They also believe the increases are a sign that household income and personal finances are stabilizing.

Image credit: Giving USA


GIVING BY SOURCE

FUN FACT #3: All four categories of philanthropic giving grew in 2015. (That's individuals, bequests, foundations and corporations.)

FUN FACT #4: Individual giving continues to represent the largest piece of the pie. (That's 71% of total giving - or $264.58 billion in 2015.)

FUN FACT #5: Individuals are responsible for 88% of total giving. (You can calculate that by adding individuals, bequests and half of foundation gifts, which come from family foundations.)

FUN FACT #6: Bequest giving depends on the 5 wealthiest estates that close each year. In some cases, this category can be influenced by a single mega-estate.

FUN FACT #7: Corporate giving includes in-kind contributions and cash. In-kind donations, namely pharmaceuticals, make up a large percentage of corporate gifts.

Image credit: Nonprofit Quarterly


GIVING BY SECTOR

FUN FACT #8: Eight out of nine recipient types saw year-over-year increases in 2015. This is the same as last year - 8 out of 9 saw growth - although there was a change in the 2015 winner and loser.

FUN FACT #9: International was the only subsector NOT to see growth in 2014, yet it realized the largest growth in donations in 2015 (+17.4%). This is attributed to the number of large scale, international incidents including the Nepal earthquake and the Syrian refugee crisis.

FUN FACT: #10: Giving TO foundations was down in 2015 (-4.0%). This is attributed in part to the rise in popularity of donor-advised funds. Many donors find these funds less expensive to set-up and much easier to manage than a traditional foundation.

FUN FACT #11: Three of the United States' top 10 "qualified public charities" are commercial donor-advised funds, according to the Philanthropy 400.

FUN FACT #12: It's expected that the Fidelity Charitable Gift Fund will soon take over the top spot as the largest U.S. charity. Last year, Fidelity Charitable received only a fraction less (less than 1%) in private donations than United Way Worldwide.

Image credit: AFP, Advancing Philanthropy (Spring 2016)

FUN FACT #13: Two sectors (Religion and Education) represent nearly one half of total giving. This can be attributed to a large and loyal donor base. (Think weekly churchgoers and alumni.)

Image credit: Giving USA

FUN FACT #14: Forty years ago, Religion, as a sector, represented fully one-half (51%) of total giving. However, in absolute dollars, giving continues to grow. It's only the percentage that has changed. (Religion's piece of pie may appear to be getting smaller; however, the reality is the overall size of the pie is growing.)

Image credit: Nonprofit Quarterly


ONE FINAL FACT

FUN FACT #15: There's a correlation between giving and volunteerism. People are more likely to give money to the same places where they give their time. However, the number of volunteers has been flat and, in fact, has declined in recent years.

Image credit: Nonprofit Quarterly


WHAT SHOULD YOU TAKE AWAY FROM THIS?

Individuals continue to be the single largest source of charitable gifts, and we're beginning to see considerable growth from bequests. Gifts from individuals and estates are expected to continue to increase.

But, remember: charitable gifts don't just happen - especially estate gifts.

First, you need to develop meaningful relationships with donors. Educate them about your work. Get them involved. Ask them to volunteer. And yes, at some point, ask for a donation. Then, repeat the cycle.

In the book Relationship Fundraising: A Donor-Based Approach to the Business of Raising Money,

Relationships first. Fundraising second.

This post was inspired by the Spring 2016 issue of Advancing Philanthropy and the Giving USA 2016 report.


    TIPS OF THE TRADE

    Remember, there's more to grant writing than just "writing." Also remember, there's more to fundraising than just grants.

    If you're interested in learning more about the Giving USA report, get your own copy of the report (Highlights are free), then check out these resources:

    Check out these charts, showing year-over-year changes and some 60-year trends.

    For a deeper dive (like giving as a % of GDP and how giving tracks with the S&P), read Bloomerang's top 5 takeaways.

    Use these tools to make the most from the latest Giving USA results.


    Third Sector Consulting helps nonprofits find more funders, win more grants and raise more money.

    Send a message to start the conversation and learn how Laura can help you and your organization.