Articles on Charitable giving

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New tax policies could change who gives and how much people and corporations donate. sesame/DigitalVision Vectors via Getty Images

Tax changes taking effect in 2026 may boost the number of donors but lead to the US missing out on an estimated $5.7B a year in charitable giving

These changes to how much Americans and US corporations give, if these projections prove accurate, would amount to about 1% of all donations made in 2024.
Gene Hackman and his wife, Betsy Arakawa, pose for a photo in 1986 in Los Angeles. Donaldson Collection/Michael Ochs Archives via Getty Images

Gene Hackman had a will, but the public may never find out who inherits his $80M fortune

The drama playing out over the late actor’s assets offers valuable lessons for anyone leaving an estate – large or small – to their loved ones or a favorite charity.
Paul Newman, the late actor and philanthropist, co-founded Camp Boggy Creek, which children with serious illnesses and their families attend for free. AP Photo/Phelan M. Ebenhack

Charitable giving grew to $593B in 2024, propelled by a strengthening US economy and a booming stock market

Giving to nonprofits engaged in education, health, arts, culture and humanities, the environment, and animals reached all-time highs.
Staff members wear gloves, face shields and gowns as they hand out meals at lunchtime at the Shepherds of Good Hope soup kitchen in Ottawa in 2020. THE CANADIAN PRESS/Justin Tang

How to ensure your charity donations truly help your local community

Canadians should consider place-based giving, or donating ‘at home,’ through local community foundations that are well-positioned to navigate and bolster the post-pandemic recovery.
For many Americans, ordering takeout to support struggling restaurants is an unconventional form of giving. Johnny Louis/Getty Images

Giving in the pandemic: More than half of Americans have found ways to help those hit by COVID‑19 hardship

The trend of paying housekeepers unable to do their work and ordering takeout when it isn’t essential can be seen broadly as a form of charitable giving, according to philanthropy researchers.
The demand for services nonprofits offer is surging. Paul Bersebach/MediaNews Group/Orange County Register via Getty Images

A $300 charitable deduction, explained

This measure, included in a pandemic relief package, is supposed to encourage Americans to give more to nonprofits.

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