WASHINGTON, DC -- Nonprofit Quarterly comments on Giving USA's most recent report. With fewer Americans giving to charity, some nonprofits are planning for an uncertain future. Even as "Giving USA" has reported record charitable fundraising three years in a row, the share of Americans who donate to charity is falling.
Philanthropy News
HARTFORD, CT -- First Tee clinches championship title and $10,000 bonus grant in the Brackets For Good online competitive fundraising tournament; Connecticut Nonprofits Raise $157,785 in 5 Weeks!
CONNECTICUT -- Next month, 59 nonprofits in Connecticut will have the opportunity to win $10,000 on top of the money they raise through Brackets for Good – Connecticut, a month-long competitive fundraising tournament that inspires community members to learn about and rally behind charitable nonprofits.
SAN FRANCISCO, CA -- The number of new accounts at Schwab Charitable rose 91 percent from July to December last year, over the same period in 2016, the philanthropic-services provider announced Tuesday. The bulk of the grant making occurred from July to December, when Schwab donors gave $900 million through 230,000 grants.
WASHINGTON, DC -- Financial site WalletHub ranked all 50 states by how much they donate and volunteer. Criteria includes volunteer hours per capita, share of population raising funds, share of income donated and public charities per capita among other indicators. Connecticut ranks number eleven overall withe specially high marks in "percent of population that donated" and "charities per capita."
@CNNMoney -- Plenty of factors can motivate charitable giving: Moral obligation, religious tithing, a desire to improve the world or leave a legacy. But another factor -- the tax benefits for giving -- could soon change if lawmakers push through tax reform. Few people donate simply because of the tax breaks and are unlikely to stop giving altogether if they don't get any. But analyses from the Congressional Budget Office and others have found that tax incentives typically increase how much you choose to donate -- whether in life or at death.