Chances are that your inbox is full of reminders to make your end-of-year charitable donations. After all, ’tis the season, and the annual giving cycle once again kicked off on #GivingTuesday—the Tuesday after Thanksgiving—with nonprofits hoping to carry the momentum through December. The timing dovetails neatly with year-end tax planning, which continues to influence how and when many Americans choose to give.
Giving USA’s most recent annual report shows that charitable giving rebounded in 2024. Total contributions from individuals, bequests, foundations, and corporations reached an estimated $592.5 billion, an increase of 6.3% in current…
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