Dynamic philanthropic environment expected through 2020
Growth in personal income among the factors behind the boost.
Which U.S. organizations are receiving the extra funds?
Who’s doing all this charitable giving?
/assets/docs src=”/wp-content/uploads2019/04/CI119352412.SVG”
Who’s giving more in 2019 and 2020?
/assets/docs src=”/wp-content/uploads2019/04/CI119353412.SVG”
Total giving is projected to rise
3.5%
in 2019
4.1%
in 2020
higher than the historical 10-year, 25-year and 40-year annualized average rates of growth.
These are the factors behind the boost
- Above-average growth in the Standard & Poor’s 500 in the preceeding and projected years
- Growth in personal income
- Growth in the preceding years’ GDP
Learn more about reprints and licensing for this article.
