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Article: Memorandum on an Interagency Task Force on Nonprofits and Government.
- Article from:
- Weekly Compilation of Presidential Documents
- Article date:
- November 1, 1999
- Author:
CopyrightCOPYRIGHT 1999 U.S. Government Printing Office. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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October 22, 1999
Memorandum for the Heads of Executive Departments and Agencies
Subject: Supporting the Role of Nonprofit
Organizations: Interagency Task Force on Nonprofits and Government
The United States is the most generous Nation on Earth. In 1998, an estimated $175 billion was given by American individuals, communities, foundations, corporations, and other private philanthropies to a wide variety of causes and organizations. Individuals accounted for 85 percent of all contributions in 1998 and their giving has increased by almost one-third since 1995. And over the next 20 years, approximately $12 trillion in wealth is expected to ...