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Saturday, May 22, 2010

Private giving outpaces government aid | Philanthropy Journal

Private giving outpaces government aid | Philanthropy Journal: "Private philanthropy and remittances from the developed to the developing world in 2008 totaled nearly twice the amount of government aid, a new report says.
Private giving and remittances - money sent by immigrants in the U.S. back to their home countries -- totaled $233 billion in 2008, compared to $121 billion in government aid, says the 2010 Index of Global Philanthropy and Remittances published by the Center for Global Prosperity at the Hudson Institute in Washington, D.C."

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