News for Nonprofits – June 2022
U.S. charitable giving reached a record $484.85 billion in 2021, inspired by enduring pandemic-related need, economic growth, and a strong stock market. According to findings in Giving USA 2022: The Annual Report on Philanthropy for the Year 2021 published this week, donors continued to give more to charity than before the pandemic. The increase however did not keep pace with inflation. …