Benefactor Group’s Charitable Giving Analysis
Some donors rushed to make charitable contributions prior to the adoption tax reform, resulting in a spike in year-end giving. But a study by Indiana University found that the longer-term impact could reduce charitable giving by as much as $13 billion in future years.
One impact of tax reform may see donors bundling their giving-taking the standardized deduction one year, and itemizing their charitable gifts the next year.
Donor Advised Funds continue to grow at three times the rate of philanthropy overall. Gifts from DAFs go disproportionately to education, Public-Society Benefit, and Arts, Culture & Humanities. Click here.