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Charitable Giving Up 0.7 Percent in 2018, Giving USA Finds

Produced by the Giving USA Foundation and the Indiana University Lilly Family School of Philanthropy, Giving USA 2019: The Annual Report on Philanthropy for the Year 2018 (executive summary) found that total giving in 2018, adjusted for inflation, fell 1.7 percent on a year-over-year basis, with an increase in giving by foundations and corporations offset by a decline in individual giving. The reports authors suggest that the sharp year-end decline in the stock market as well as the changed tax policy environment, including a doubling of the standard deduction, likely had a dampening effect on giving. Various studies suggest that, as a result of the change, the number of households that itemized their deductions may have dropped from more than 45 million in 2016 to between 16 million and 20 million in 2018.


Giving USA 2017 Shows Americans Continued to Be Generous in Tumultuous 2016 Year

In many ways, 2016 was an unusual year. Yet although economic and political uncertainty pervaded much of the year, Americans continued to be generous, giving a record $390.05 billion to U.S. charitable organizations, an increase of 2.7 percent over 2015.


New Giving Record Is More Than a Number


Perspectives on Giving USA 2016—a look at the relationship between the data, the donations and the people who make philanthropy happen.


Averages are Deceiving

 

 

Are the newly released Giving USA numbers good news or bad news?