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Giving Still Strong Reaching $484.85 billion in 2021 Charitable Giving Up 4% in Current Dollars, But Flat (-0.7%) Adjusted for Inflation
Generous Americans supported charitable causes with individual gifts, bequests,
foundation grants, and corporate giving during a year that saw a strong stock market
and GDP. Giving nearly kept pace with inflation following last year’s giving record.
But the important takeaway for most of us is that giving by individuals, their bequests,
and their family foundations amounted to an overwhelming 86.5% of the 2021 giving.
Gifts from individuals rose to the second-highest total dollar amount ever given adjusted for inflation. While their bequests declined, they also reached the second-highest dollar amount ever given adjusted for inflation. Corporate giving rose significantly buoyed by a strong GDP and stock market, and Foundation giving rose as well. It was a significant turnaround from last year’s lower GDP and reduced pre-tax corporate profits.
The strong market likely encouraged very large gifts from some of the wealthiest
Americans, reaching a total of $15 billion in 2021. Many of more modest means made
payment distributions directly from their IRA accounts to help charities while avoiding
income that would otherwise have been taxable to themselves.
Giving USA 2022: The Annual Report on Philanthropy for the Year 2021, is a publication of the Giving USA Foundation, 2021, researched and written by the Indiana University Lilly Family School of Philanthropy.
For your own copy of the Another Perspective bar chart as a PowerPoint slide and/or to receive the Giving USA/Lilly Family School of Philanthropy Press Release with its useful highlights that will make you an instant expert, click the links below. For a free Giving USA 2022 highlights report go to www.GivingUSA.org to download it or to order a copy of the full report.
If you prefer either the bar chart or the press release (or both) directly, email me at
Sandy@AlexanderMacnab.com and ask me to send them to you as an attachment.
You may download them by right-clicking and selecting “Save link as…”.
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