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Giving USA's latest report on philanthropy for the year 2023 offers valuable insights into the evolving dynamics of charitable giving. Explore Orr Group's key takeaways from the report and what it means for philanthropy going forward.

Giving USA's latest report on philanthropy for the year 2023 offers valuable insights into the evolving dynamics of charitable giving. Explore Orr Group's key takeaways from the report and what it means for philanthropy going forward.

Giving USA's latest report on philanthropy for the year 2023 offers valuable insights into the evolving dynamics of charitable giving. Explore Orr Group's key takeaways from the report and what it means for philanthropy going forward.

Great news for nonprofits and fundraisers! A new report from Indiana University Lilly Family School of Philanthropy predicts charitable giving will grow in 2024 and 2025. 📈 Key Insights: ✅ Total giving is predicted to increase by 4.2% in 2024 and by 3.9% in 2025. This is higher than the historical 10-year, 25-year, and 40-year annualized average rates of growth.   ✅ Approximately 63% of all giving will come from individuals/households. ✅ Giving rates from foundations, estates, and corporations are also projected to increase. Get the full report: https://lnkd.in/gWVgUmBJ #charitablegiving #philanthropy #fundraising #nonprofits #individualgiving Credits: Una Osili, Anna Pruitt, Jon Bergdoll (sponsored by CCS Fundraising)

How are economic pressures affecting philanthropy? Orr Group explores the 2023 Giving USA report, revealing a decline in individual giving and its link to market trends. Read the article to understand how these shifts are reshaping the charitable landscape and what to expect moving forward.

How are economic pressures affecting philanthropy? Orr Group explores the 2023 Giving USA report, revealing a decline in individual giving and its link to market trends. Read the article to understand how these shifts are reshaping the charitable landscape and what to expect moving forward.

How are economic pressures affecting philanthropy? Orr Group explores the 2023 Giving USA report, revealing a decline in individual giving and its link to market trends. Read the article to understand how these shifts are reshaping the charitable landscape and what to expect moving forward.

✨ With the release of the 2024 Giving USA report, Graham-Pelton aims to utilize the latest trends and insights to provide expert fundraising consulting services for nonprofits. Over the next few days, several of our experts will highlight their take on these new findings to help you navigate the evolving landscape of philanthropy. Phil Hills offers his thoughts on how demographic changes have significantly boosted bequest contributions in 2023: "Bequests experienced growth last year, a trend driven by demographic changes that emphasize their growing importance in philanthropy. These shifts suggest that bequests will remain crucial in charitable giving. We are also observing these trends influencing wealth distribution within the foundation sector, as many families choose foundations as a means to manage their wealth. Additionally, evolving family dynamics and generational changes are shaping the ways and means of donations, reflecting the dynamic nature of charitable giving." Stay tuned as our experts continue to decode the evolving trends in philanthropy and how they can benefit your organization. 👉 Need guidance in explaining the Giving USA data to your board? Graham-Pelton can help: https://buff.ly/45EDIu1 #GrahamPelton #Philanthropy #GivingUSA #Nonprofit

💡 Did you know? According to the newly released Giving USA 2024: The Annual Report on Philanthropy, giving by bequests totaled $42.68 billion in 2023! This represents 8% of total charitable giving and a 4.8% increase over 2022. These figures underscore the growing importance of planned giving in the nonprofit sector, highlighting the vital role bequests play in sustaining and expanding charitable work. As we celebrate Make-a-Will Month, let's highlight the transformative impact of including nonprofits in your will. Bequests provide a reliable source of funding that enables organizations to plan for the future, innovate, and expand their programs. By incorporating charitable giving into your estate planning, you can leave a lasting legacy that supports the causes you care about most, ensuring your values and passions continue to make a difference for generations to come. Join us in making a difference and ensuring your legacy lives on. #MakeAWIllMonth #PlannedGiving #Nonprofits #GivingUSA2024

In the heart of Puyallup, the spirit of generosity is flourishing, underscored by the adoption of Donor-Advised Funds (DAFs) by locals and business owners seeking a sophisticated, yet straightforward, way to enhance their charitable giving. DAFs represent a philanthropic tool that allows contributors to make tax-advantaged donations of cash, stocks, or real estate, recommending grants to favored charities over time. This approach not only optimizes the impact of donations through immediate tax deductions and professional asset management but also introduces a strategic element to philanthropy, aligning with personal and community values. While DAFs offer numerous benefits, it's essential to consider the commitment they entail and the possible minimal fees and contribution levels. Tailoring a philanthropic strategy that resonates with your values and financial goals is key to making meaningful contributions to our community. Engage with financial advisors to navigate these waters, ensuring your charitable efforts reflect your vision of support and empowerment within Puyallup and beyond. #Philanthropy #DonorAdvisedFunds #CommunityGiving #FinancialPlanning #PuyallupGenerosity https://townsites.org/107y