131: (short) US Giving Drops 1.7% – What Gives?

The Giving USA report came out on June 18th and announced that interest adjusted giving dropped 1.7% in 2018. A big culprit is the tax deduction changes, however, the data show several shifts that may be moving this trend. Internal podcast with Megan Anhalt, CSO of Whole Whale and George Weiner, Chief Whaler discuss the topic.

According to the report individuals, bequests, foundations and corporations donated $427.71b in 2018, according to Giving USA 2019: The Annual Report on Philanthropy for theYear 2018This means giving rose 0.7% measured after inflation makes the total of $424.74b (drop of 1.7%).