We could all use some good news during these most difficult times. And here is some to offer. While many charities have been hit during these difficult financial times – a report from Lending Tree actually shows that about two-thirds of previous respondents say that they actually haven’t changed their giving strategy from last year. People also reported giving to locations that aren’t typically recorded since they can’t be written off on income taxes. These included giving to local relief funds and giving money to family and friends who have been laid off.
In addition, large scale corporate giving us up – and it’s up quite a lot. Fidelity Charitable saw a 28% increase in giving from the first six months of this year as compared to last year. Good News Network showed that Schwab Charitable had a 46% increase in DAF grants, which was actually the “most generous period of giving recorded in the history of one of America’s largest philanthropic funds.”
These are certainly uplifting statistics and ones worth reading more about.