Between 2016 and 2017, total annual charitable giving in the US rose about 9.85 percent, reflecting steady solid growth in most giving categories and major recipient subsectors. foundation giving was up 6.0 percent, to an estimated $66.9 billion in 2017.
foundation giving in Canada has shown a similar path of growth and expansion when compared to its nearby neighbor, the United States. Although the total size of the foundation giving category is much smaller, Canada has a healthy non-profit sector, supported by government and public bodies funding a broad range of activities from social services, to health and education, to the arts and Aboriginal organizations.
Because of its proximity to and close association with the US, many of the broad demographic and technological trends happening across the border also hold true for Canadians.
The overall number of Foundations within Canada has been steadily increasing over the last five years, topping 11,000 in 2017 with total combined assets of over $59 billion.
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