November 1, 2022
A Macro View on Generosity
By Kent E. Fillinger Giving USA 2022: The Annual Report on Philanthropy for 2021 reported charitable giving rose for its fourth consecutive year, reaching its highest level in history, $484.8 billion. Total giving increased 4 percent in current dollars but decreased 0.7 percent in inflation-adjusted dollars. About two-thirds (67 percent) of total giving came from individuals, the fourth straight year individual giving totaled less than 70 percent. The wealthiest 1.4 percent of the country accounted for 86 percent of charitable donations, according to the Philanthropy Roundtable. Giving is highest among those in their 60s and 70s. Charitable giving since World
