By Mary P. Walker, Petrus Blog Contributor & Local Charity Board Member
Latest Information on Giving Trends
Giving USA 2021: The Annual Report on Philanthropy for the Year 2020 was released in June. This report on the state of philanthropy is LONG and comprehensive, so I picked a few findings that would interest Petrus clients and blog readers. The opinions expressed below are my own. If you would like more detail, summary information is available for free here and you can purchase the full report here.
More money was given last year than in any previous year studied, and about 5% more than in 2019. There are probably a number of reasons for this: (1) households whose incomes were NOT greatly affected by the pandemic, such as retirees on fixed incomes or those who stayed employed, felt a greater internal motivation; (2) investment value and the stock market recovery was high, which affects the wealth of...
By Sarah Rose, Petrus Director of Communications
Recently, I was invited to watch one of OSV talks titled “AI and the Future of Generosity” by Nathan Chappell, Senior Vice President of DonorSearch Aristotle.
The OSV Talks are a “series of topics from Catholic leaders to spark discussion, explore new, or re-explore old approaches, and inspire creative thinking, all from the heart of the church.”
In the talk “AI and the Future of Generosity,” Nathan Chappell answers the question “How do you solve the world’s most pressing issues?” in 18 minutes or less.
The simplified conclusion is INCREASE GENEROSITY. Now we’re talking!
Nathan leads the research and development division at DonorSearch Artistotle. In other words, he is a data man.
According to Nathan, the data shows that last year 56% of Americans made donations. And the average American gave about 2% of their income to charity.
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