United States Is Largest Donor of Foreign Aid, Report Says

PRESS Release

United States Is Largest Donor of Foreign Aid, Report Says: "United States Is Largest Donor of Foreign Aid, Report Says

Americans favor private giving, people-to-people contacts

By Jaroslaw Anders
USINFO Staff Writer

Washington — The Unites 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."