By Anna Pruitt and Jon Bergdoll A flood of donations to support COVID-19 relief and racial justice efforts, coupled with stock market gains, led Americans to give a record US$471 billion to charity in 2020. The total donated to charity rose 3.8% from the prior year in inflation-adjusted terms, according to the latest annual Giving… Read more »
Tag: economy
Tax Day and its effects on philanthropy
July 15 is the revised Tax Day in the U.S. While Tax Day was originally scheduled for April 15, the U.S. government and multiple states changed the day some state and all federal taxes were due as a result of the COVID-19 pandemic. How is giving affected by taxes? What role does the economy play… Read more »
Forecasting changes in total giving: Insights from the Philanthropy Outlook
The Philanthropy Outlook uses longitudinal data and macroeconomic trends to forecast changes in total giving, giving by source, and giving to three types of recipient nonprofits (education, health, and public-society benefit organizations) for the next two years. This report is researched and written by the Lilly Family School of Philanthropy in partnership with Marts &… Read more »
Research, the public good, and immigration
By Dr. Una Osili, Professor of Economics and Associate Dean for Research and International Programs This article was originally published in the Indianapolis Business Journal. The United States has a rich tradition of welcoming newcomers. For two centuries, newly arrived Hoosiers have brought their skills and talents to contribute to and invest in the success of… Read more »
Forecasting philanthropy in the coming year
For the past four years, the Philanthropy Outlook, a publication made possible by a partnership between the Lilly Family School of Philanthropy and Marts & Lundy, a leading fundraising and philanthropy consulting firm, has used a forecasting model to test variables to predict baseline measures of giving for the four sources of giving (individuals, foundations,… Read more »