Americans give record amount of money to charity in 2014 - KTTC Rochester, Austin, Mason City News, Weather and Sports

Americans give record amount of money to charity in 2014

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Photo: MGN Online Photo: MGN Online

(CNN) -- Americans gave a record $360 billion to charity in 2014.

The Giving USA Foundation said the amount was the largest in the 60 years the organization has been tracking charitable activity.

Most of the money was donated to religious institutions, which raked in $114.9 billion.

The annual Giving USA annual report is based on tax returns and other data collected by researchers in the Lily Family School of Philanthropy at Indiana University.


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