Grants from foundations are gradually growing as a share of all the donations Americans make.
- Associate Director of Research, Lilly Family School of Philanthropy, and Managing Editor, Giving USA, Indiana University
Giving receded as many Americans saw their purchasing power decline, straining household budgets.
Some of the largest donations made in 2021 went to donor-advised funds, financial accounts known as DAFs.
Little comprehensive research about what the charitable accounts, known as DAFs, are supporting has been conducted until now.
Normally, giving declines when the economy contracts. But charitable donations grew anyway, two researchers explain.
It’s too soon to say what will happen with philanthropy in 2020, but looking at 2019 may offer some clues.
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