Charitable giving tops $400 billion

This year’s Giving USA 2018 report revealed that U.S. charitable giving exceeded $410 billion. Some highlights:

• Personal giving increased by 5.2 percent, the same amount as the overall increase.
• Corporate giving rose by 8 percent, on the back of tax reform and strong corporate profits.
• Giving to foundations increased by 15.5 percent. A strong contributor to this was contributions to donor-advised funds. Education continues to receive the highest portion of donor-advised fund-distribution giving.
• Giving to education increased by 6.2 percent, adjusted to a 4 percent increase with inflation. Alumni drove much of this increase.

You can purchase and download the full report at Giving USA.

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