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Americans Are Most Generous People on Planet

Posted on July 25th, 2008 by mpress101

charity.jpg

So the next time some Marxist loving Leftist tries to convince you how evil America or the leaders Americans voted for are just remember the US is the most generous country ever in the civilized world bar none. With all the anti American bigotry going around by some Europeans and many Canadians these days maybe it is time for a reality check. like they say money talks BS walks…mpress

Americans are the most generous people in the world, measured by charitable giving as a percent of GDP. Americans give twice as much (1.67% of GDP) as the next most charitable country, the U.K. at 0.73%, according to this study by the Charities Aid Foundation (chart above is taken from the study). Americans give almost 12 times as much as the French and almost 8 times as much as the Germans. In fact, Americans give more as a percent of GDP than France, Germany, Turkey, New Zealand, Singapore and the Netherlands COMBINED!

And charitable giving in the U.S. set another record in 2006 at almost $300 billion, about the same amount as the GDP of Denmark, Greece, Austria or Norway. source

Washington — The United States is the single largest donor of foreign economic aid, but, unlike many other developed nations, Americans prefer to donate their money through the private sector, according to a new report published by a Washington research organization.

Of the $122.8 billion of foreign aid provided by Americans in 2005 (the most current data available), $95.5 billion, or 79 percent, came from private foundations, corporations, voluntary organizations, universities, religious organizations and individuals, says the annual Index of Global Philanthropy.

The index was issued May 24 by the Center for Global Prosperity at the Hudson Institute, a Washington-based nonpartisan research organization.

“It isn’t like in the 1950s when the Marshall Plan and government flows dominated our economic engagement with the developing world,” said Carol A. Adelman, the director of the Center for Global Prosperity. She spoke May 24 at the launching of the report.

For example, U.S. foundations gave more  – in money, time, goods and expertise — than 11 of the 22 developed-country governments each gave in 2005,  and U.S. private voluntary organizations totaled more than the governments of Japan, the United Kingdom, Germany and France each.

More than half of all U.S. assistance to developing countries, $61.7 billion, came in the form of private remittances by individuals living in the United States to their families abroad, the report says. According to the report, those remittances not only reduce poverty, but, in some cases, increase creditworthiness of countries and underwrite their trade imbalances. source

Bush Has Quietly Tripled Aid to Africa

The president has tripled direct humanitarian and development aid to the world’s most impoverished continent since taking office and recently vowed to double that increased amount by 2010 — to nearly $9 billion.  source


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