The event brought together philanthropists, community foundations, nonprofit leaders, and community advocates to discuss the Sacramento landscape of philanthropy. We began the event by taking a macro-level look at the national data, which showed a continued growth in giving. As a nation, we reached all-time highs for giving by breaking the $400 billion mark!
National Giving Breakdown:
- 70%/ $286.65B – Individuals
- 16%/ $66.90B – Foundations
- 9%/ $35.70B – Bequests
- 5%/ $20.77B – Corporations
We were excited to see the national level of giving to education increase by 6.2% maintaining the overall distributions percentage to education at 14%.
After hearing the national data, we dove down to a local level looking at the philanthropic landscape here in the Greater Sacramento region. In Sacramento County, we have 7,226 registered nonprofits, which total $9.83 B in Revenue.
The Distribution of the Nonprofits:
- Human Services – 29%
- Religion – 18%
- Education – 13%
- Arts & Culture – 8%
- Health – 7%
- Environment – 4%
- Hospitals – 1%
- International – 1%
- Other – 19%
An interesting correlation made coming from a capital city is the relationship between political giving and charitable giving. The statistics show that if an individual were to give over $2,500 to political causes they are 14.48x more likely to give to charitable causes. Additionally, in the brackets of $1,000 – $2,500 and $500 – $1,000 political giving they were 6.43x and 5.17x more likely to give to charitable causes respectively.
We finished the event with a wonderful panel discussion talking about the Sacramento statistics and how we can create strategies and leverage for additional impact.
The Panel Breakdown:
- Sarah Krasin, Vice President of CCS Fundraising (Moderator)
- Kevin Duggan, President, and CEO of Mercy Foundation
- Lial Jones, Mort and Marcy Friedman Director and CEO at The Crocker Art Museum
- Lynne Cannady, Founder, and President at LPC Consulting Associates
- Priscilla Enriquez, Chief Impact and Strategy Officer at The Sacramento Region Community Foundation