“Quarterly Fundraising Report™: Year-to-Date Nonprofit Sector Trends (Janu– December 31, 2022),” Fundraising Effectiveness Project, April 16, 2023. “Charitable Giving is Growing, So Why Worry?”, Forbes, May 12, 2023. Available online at Giving USA 2020: The Annual Report on Philanthropy for the Year 2029, a publication of Giving USA Foundation, 2020, researched and written by the Indiana University Lilly Family School of Philanthropy. Available online at Giving USA 2021: The Annual Report on Philanthropy for the Year 2020, a publication of Giving USA Foundation, 2021, researched and written by the Indiana University Lilly Family School of Philanthropy. Available online at Giving USA 2022: The Annual Report on Philanthropy for the Year 2021, a publication of Giving USA Foundation, 2022, researched and written by the Indiana University Lilly Family School of Philanthropy. “Desperately Seeking Fundraisers,” The Chronicle of Philanthropy, November 1, 2022, Giving USA 2023: The Annual Report on Philanthropy for the Year 2022, a publication of Giving USA Foundation, 2023, researched and written by the Indiana University Lilly Family School of Philanthropy. “How the Chronicle Compiled Its List of the Top 50 Donors of 2021,” The Chronicle of Philanthropy, February 8, 2022, Halshof-Schmidt, Robert “The State of Product Management in the Nonprofit Sector: 2022 Report,” NTEN. “Consumers Donating at Checkout Jumped 24%”, The Nonprofit Times, May 23, 2023. But it’s clear from previous research that giving trends are not a simple calculation.2023 Infographic – Sources Cited “Behavior and Charitable Giving: 2023 Update,” Ideas 42.April, 2023. With a crypto crash, significant inflation concerns, stock market volatility, and a looming election cycle, external forces will weigh heavily on donors in the coming months. It’s better to suggest that-like many relationships-“it’s complicated.” The conditions of the stock market, GDP, and inflation all will impact giving, but saying “well, the economy is down, so giving will be” isn’t quite accurate. Previous Giving USA research has shown that in the initial stages of recession, charitable giving actually rises to meet need. Core economic factors will weigh heavily on 2022 results, but Americans are remarkably charitable

CASE reported a total of $52.9 billion in 2021 to higher education, a 6.9 percent increase.Īgain, inflation makes the many of these stats be close to flat giving in terms of real dollars, but it’s clear that both individuals and other charitable sources continue to find higher education worth investment. In fact, over the past two years giving to Education has grown by 16.5 percent cumulatively. Education giving in the report includes contributions to K-12 schools, higher education, and libraries. Giving to education is estimated to have declined 2.8 percent to $70.79 billion (-7.2 percent adjusted for inflation) from 2020 to 2021. Giving to education declined, but higher education giving remains stable Remember that corporate giving includes significant in-kind donations which accelerated during the pandemic.Ĭheck out the GivingUSA Infographic for core stats and insights. The mix of giving is changing, with corporate giving increasing by 23.8 percent. Total giving by individuals was $327 billion, the second-highest dollar total on record. However, this growth is also flat when adjusted for inflation. Giving by individuals continues to make up a majority of charitable activity, with individual giving growing 4.9 percent. However, the growth in giving did not keep pace with inflation, causing challenges for many nonprofits,” said Laura MacDonald, CFRE, chair of Giving USA Foundation and principal and founder of Benefactor Group. In 2021, Americans continued giving more generously than before the pandemic. “The story of charitable giving in 2021 is closely tied to the events of 2020, a historic year that included a global pandemic, economic crisis and recovery, efforts to advance racial justice, and an unprecedented philanthropic response. It’s also important to remember that the comparison is to a year that was far from ordinary. Giving is up 4.9 percent in comparison to 2020, but when you adjust for inflation, that’s a slight decline of 0.7%. Giving grew in total dollars in 2021, but remains flat when adjusted for inflation. Here are a few key insights I found in the report’s initial findings. You can read more at the Giving USA site and subscribe to get a full year’s worth of insights.

RNL is a co-sponsor of the report, published by the Giving USA Foundation, a public service of the Giving Institute. This report tells us that individuals, bequests, foundations and corporations gave an estimated $484.85 billion to U.S. charities in 2016, according to Giving USA 2017: The Annual Report Latest Insights. Giving USA 2022: The Annual Report on Philanthropy for the Year 2021 was released today. American individuals, estates, foundations and corporations contributed an estimated 390.05 billion to U.S.

Giving usa 2020 infographic