Contributions to health-care groups rose sharply in both the U.S. and Canada in 2005, driven by donations from individuals, a new report says.
Giving to U.S.-based healthcare groups grew 16 percent to $7.01 billion in 2005, says a study conducted by the Association for Healthcare Philanthropy, while giving in Canada was up 11 percent to $1.2 billion.
The number of U.S. donors was up 4.6 percent over the same period a year earlier, and the number of gifts grew 2.2 percent.
Individuals provided six in 10 dollars raised in the U.S., while businesses and their affiliated foundations gave almost two in 10 dollars, non-corporate foundations gave slightly more than one in 10 dollars, and the remainder was generated from other sources.
Cash contributions in the U.S. accounted for more than half the revenue generated by health-care groups, the study says, with the other half provided by grants, interest from endowments and investments, and other revenue sources.
Major gifts, annual giving and capital campaigns provided the largest portions of revenue in the U.S.
In Canada, individuals contributed six of every 10 dollars raised, similar to the U.S.
However, cash contributions accounted for more than three in four dollars raised in Canada, compared with slightly more than half in the U.S.
Capital campaigns and annual giving campaigns were the largest drivers of revenue in Canada, the study says.
The study includes survey results from 327 American health-care groups and 159 Canadian groups.