- 1643 - The first account of a fundraising drive in America is organized by Harvard University. It raised 500 pounds.
- 1913 - Congress passes the Revenue Act of 1913 exempting charities from paying federal income tax.
- 1917-Thanks to the Revenue Act of 1917, taxpayers can deduct their charitable contributions off their federal income taxes.
- 1941 - The Form 990 was filed for the first time for tax years ending n 1941. The original 990 required nonprofits to answer several yes/now questions, provide an income statement and balance sheet. It was only two pages long.
- 1962 - Individuals gave a total of $9.89 billion to charity, far surpassing donations by foundations ($700 million) and corporations ($540 million).
- 1964 - Although giving in the Federal workplace goes as far back as the
- August 29, 2005 - Hurricane Katrina devastates the gulf coast and philanthropists respond by giving $6.5 billion. The pace and level of giving was unprecedented, breaking all previous records of disaster-related giving.
- April 2013 - Charity Navigator , the nation's largest and most-utilized evaluator of charities, turned 11!
Photo by H.Damke via Shutterstock.com.