Charitable giving is
expected to increase by 4.1 percent this year and 4.3 percent next year,
according to researchers at the Indiana University Lilly Family School of
Philanthropy. Those increases would exceed the
five-, 10- and 25-year annualized average rates of growth in total giving, and
would fall just below the 40-year average growth rate of 4.4 percent.
The main forces
driving this growth are: the projected growth in the U.S. stock market, the
rise in personal income, the change in demographics, and the increase in net
worths for households and nonprofits.
To find out who is
looking to use their wealth to create a social impact and the tools nonprofits
are using to engage these donors, click here for a comprehensive overview and
a link to the full report.
And for ideas on how
to give to your favorite charities while saving a bundle on income and estate
taxes, download a copy of A Donor’s Guide to Planned Giving for just $8.95.
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