|
What
is Philanthropy?
About
Illinois Foundations
About
Illinois Nonprofits
Giving in
Illinois Statistics
Where else
can I find information on giving?
What
is Philanthropy?
Philanthropy can be defined in many
ways. The word comes from a Greek root meaning "love
for mankind." Modern definitions include the concept
of voluntary giving by an individual or group to promote
the common good and improve quality of life. In the
United States, the term "philanthropy" is
also used to describe the granting of money to nonprofit
organizations by foundations and corporations. This
type of giving is often referred to as organized philanthropy
or grantmaking.
A foundation is a nonprofit organization
that supports charitable activities in order to serve
the common good. Foundations are often created with
endowments -- money given by individuals, families or
corporations. They generally make grants or operate
programs with the income earned from investing the endowments.
About
Illinois Foundations
In 2003, there were 2,888 foundations
and corporate giving programs in Illinois:
- 2,521 private foundations (family
and independent foundations)
- 132 corporate foundations and giving
programs
- 70 public and community foundations
- 165 other types (including bank
trusts, church-sponsored and operating foundations)
Total Foundations Assets, FY
2003: $21.5 billion
About
Illinois Nonprofits
Total Number of Nonprofits in Illinois
in 2003: 29,422
Illinois nonprofits derived their revenue
in 2003 from program services and contracts (73%), contributions,
gifts and grants (21%), dues, net sales and other income
(4%), and investment income (2%).
Total Employees at Illinois Nonprofits
in 2003: 441,814 (7.7% of Illinois workforce)
- Between 1995 and 2003, nonprofit
employment in Illinois grew by 11 percent - more than
six times the 1.7 percent growth rate achieved by
the for-profit sector.
Giving
in Illinois
Total Foundation and Corporate Giving
Program Grants Awarded, FY 2003: $1.5 billion
Total Individual Giving in Illinois
in 2003: $7.6 billion
- Illinois ranks fifth in the nation
in total amount of reported itemized charitable contributions.
Who benefits from grants from foundations
and corporate giving programs? In 2003:
- 24% supported human services: employment,
housing, youth and human service organizations
- 16% supported education: schools,
education programs, institutions, students and teachers
- 15% supported the arts: performing
arts, arts education, museums and cultural programs
- 14% supported public affairs: community
improvement, citizen action, advocacy and voluntarism
- 11% supported health: hospitals,
clinics, medical research, mental health and crisis
intervention
- 11% supported the environment: environmental,
wildlife and animal protection
- 9% supported international, religious
and other causes
Illinoisans made bequests, charitable
gifts made through a donor's will or estate, totaling
$632 million in 2003.
In 2003, Illinoisans aged 16
to 25 contributed a median of 48 hours in volunteer
activity, while those over age 26 contributed a median
of 50 hours.
Where
Else Can I Find Information on Giving?
For an in-depth look at statistics
and trends in Illinois charitable giving, order Giving
in Illinois today.
Subscribe to Illinois
Funding Source, the Donors Forum's searchable, continuously
updated database of grants awarded by foundations in
the state.
Visit our Research
and Trends page on this web site.
Not sure what we mean by phrases like
"social entrepreneurs," "leverage"
or "e-philanthropy?" Download our free PDF
copy of Glossary
of Terms in Philanthropy for definitions of common
words used in philanthropy.
|
About
Philanthropy