Global Movement of Giving Tuesday 2024 Highlights Charitable Generosity and Challenges
The annual day of giving inspires billions in donations worldwide while raising concerns over scams and donor fatigue.
- Giving Tuesday, launched in 2012, has grown into a global movement encouraging charitable giving, with nearly 100 countries hosting official initiatives this year.
- In 2023, $3.1 billion was donated in the U.S. on Giving Tuesday, though participation declined by 10% compared to the previous year, reflecting broader nonprofit trends.
- Nonprofits emphasize the importance of preparation and storytelling to stand out in a competitive fundraising environment and combat donor fatigue following a busy election year.
- Experts warn donors to research charities carefully to avoid scams, with tools like Charity Navigator, Guidestar, and IRS resources helping verify organizations' legitimacy.
- Corporate and individual participation, including donation matching programs and volunteering, are key drivers of the movement's success and long-term impact.