GivingTuesday Could Have Bigger Impact as Donations are Down
Affluent Americans Continue to Give More, While Overall Donations Decrease
- Nonprofits and industry groups report that donations are down compared to previous years, making GivingTuesday potentially more impactful this year.
- Many nonprofits will run matching campaigns on GivingTuesday, where supporters' donations are doubled or sometimes tripled.
- Large organizations offering donor-advised funds encourage their account holders to consider their end-of-year giving during the holiday season.
- The trend of charitable giving is bifurcated, with fewer Americans donating overall, but affluent Americans giving more.
- Many donors are motivated to give by deep personal connections to causes or issues or because someone they know asks them.