Charitable giving in the United States rose in 2020, fueled in part by a rising stock market and government stimulus checks, with organizations focused on civil rights and the environment seeing big increases in donations, according to a report released Tuesday. Total charitable donations rose 5 percent to $471.4 billion, a record level, according to the annual Giving USA Foundation report. “In some ways, 2020 is a story of uneven impact and uneven recovery,” said Amir Pasic, dean of Indiana University’s Lilly Family School of Philanthropy, which released the report in partnership with the Giving USA Foundation. Giving by companies fell 6.1 percent to $16.9 billion, which the report attributed to a decline in corporate profits and the economic slump. Individuals increased giving by 2.2 percent, while bequests, planned giving after someone dies, rose by 10.3 percent.

Source: International New York Times June 15, 2021 14:26 UTC