Contributions to educational, philanthropic, religious and charitable organizations in the United States during 1927 totaled $2,219,700,000, an amount which exceeded the total year’s income of the governments of France or Germany or that of the United States Steel Corporation, according to a survey just made public by the John Price Jones Corporation.
The study shows that 1927 was the fourth successive year in which such gifts have exceeded the $2,000,000,000 mark, and that they were outranked only by the incomes of the United States Government and the British Government totaling $4,129,394,441 and $3,899,593,967. respectively.
The survey finds that the greater part of philanthropic effort in the country “is organized along business lines and operated with increasing business efficiency.”
In 1927 the contributions were distributed among institutions of various classes, as follows: Education $187,200,000; organized charitable relief in the United States $256,700,000; health, $204,400,000; play and recreation. $19,300,000; fine arts arts. $25,700,000; miscellaneous reform organizations. $13,000,000; direct persoinal gifts to individuals. $257,800,000; religious purposes, $1,079,900,000; foreign relief, $214,500,000. The income from endowment not segregated from new donations in several instances, totaling $38.800.000, is subtracted to give the net total of $2,219,700,000.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
