In 1959 prosperous Americans evidently believed that U.S. health, education and welfare were too important to be left to "George"—in Washington or anywhere else. They put up $7.8 billion for philanthropic purposes—up $700 million from 1958, volunteered 45 million strong in support of their pet charities. A dazzling $6.1 billion came out of individual pockets, reported the American Association of Fund-Raising Counsel, Inc. Corporations gave $526 million; foundations made grants of $700 million. Chief beneficiaries of the outpouring: churches (50% of total gifts), higher education (15%) and health agencies (14%).


Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!