Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Tuesday, February 28, 2012

Predictions For Charitable Donations in 2012

Donate-now-big-engAccording to a recent report by Atlas of Giving, Americans’ charitable giving significantly outpaced economic growth in 2011. Charitable donations increased 7.5% from 2010 with contributions totaling over $346 billion. Atlas of Giving has predicted that charitable giving will likely increase even more this year.

Atlas of Giving estimates that charitable giving will increase by 3.9% this year, with total contributions totaling near $360 billion. The group also predicts that the environmental sector will see an 8% increase in contributions while religious organization will only see a 1.6% increase. Individual donors will likely account for 75% of all US contributions, Foundations will account for 13%, bequests will make up 7%, and corporations will likely account for the remaining 5%. As a result of 2012 being an election year, political fundraising will take away some money from charities, but the effect will likely be insignificant.

See Michael S. Fischer, 4 Key Predictions for Charitable Giving in 2012, Advisor One, Feb. 6, 2012.

Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.

https://lawprofessors.typepad.com/trusts_estates_prof/2012/02/predictions-for-charitable-donations-in-2012.html

Current Events, Estate Planning - Generally | Permalink

TrackBack URL for this entry:

https://www.typepad.com/services/trackback/6a00d8341bfae553ef0167631b98fa970b

Listed below are links to weblogs that reference Predictions For Charitable Donations in 2012:

Comments

Post a comment