Growing confidence in the global economic recovery is helping to boost charitable donations, according to the latest study.
The 2015 BNP Paribas Individual Philanthropy Index, released this week, shows the level of donations recovering across Europe,Asia and the Middle East, pick up a near three-year climb after a drop in the index last year. Each region, including the US, logged an average 5-point jump on index's 100-point scale for 2015.
"(The) main reason is the better economic state in Europe and Asia. People really feel like we are on the path to recovery,"Nathalie Sauvanet, BNP Paribas Wealth Management's head of individual philanthropy told CNBC via email.