In a recent report by Giving USA, the authors noted that although giving reached $557 billion in 2023, giving did not outpace inflation. The report also provided a realistic and practical view of 2023's giving trends, including where the giving is coming from and to whom it is going.
Join SAX’s nonprofit experts on October 16 from 10:00 – 11:00 AM EST as they walk you through the top findings from the Giving USA report and provide strategies to help your organization make the best choice with regard to your fundraising efforts and resources.
Some key takeaways from the report include:
- Individual giving is down, and although individual donations still make up the lion's share of all giving, it will be extremely important to retain current individual donors.
- Foundation giving has grown from 6% to nearly 20% of all giving. This growth is expected to continue over the past two years, even when adjusted for inflation.
- Bequests grew in 2023 and now account for 10% of total giving; a planned giving program will be important going forward.
- Giving to religious organizations has dropped significantly from 63% in 1983 to 24% in 2023; where giving to Human Services increased from 6% in 1983 to 14% in 2023.
- Most nonprofit subsectors have slowly recovered their donation levels from the pandemic; a few have not.
You won’t want to miss this. Register now to set your organization for success for Q4 and the year to come.
