As Americans scale back on charitable giving, this Texas architect shares his unusual 'shotgun approach' | Fortune
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As Americans scale back on charitable giving, this Texas architect shares his unusual 'shotgun approach' | Fortune
"The survey, which was conducted in early December by The Associated Press-NORC Center for Public Affairs Research, found that about half of U.S. adults say they've already made their charitable contributions for 2025. Just 18% say they've donated and will donate again before the year is over. Only 6% report they haven't given yet but will do so by December's end. The rest, 30%, haven't donated and don't plan to."
"Everyday donors faced competing priorities this year. President Donald Trump's social services grant cuts, severe foreign aid rollbacks and November SNAP benefits freeze - plus natural disasters like Los Angeles' historically destructive wildfires - left no shortage of urgent causes in need of heightened support. Trump's tax and spending legislation offered an extra incentive to give, too; most tax filers will see a new charitable deduction of up to $1,000 for individuals and $2,000 for married couples."
"December still serves as a "very important deadline" for donors, according to Dianne Chipps Bailey, managing director of Bank of America's Philanthropic Solutions division. She cited estimates from the National Philanthropic Trust that nearly one-third of annual giving happens in the final month. "December 31 does provide a target to make sure that they've given what they intended to give before the year is over," Bailey said."
About half of U.S. adults report they have already made charitable contributions for 2025, while 18% donated and plan to give again before year-end, 6% plan to give by December's end, and 30% do not plan to give. Multiple urgent causes competed for donations, including social services grant cuts, foreign aid rollbacks, a SNAP benefits freeze and destructive wildfires. New tax and spending legislation creates a charitable deduction up to $1,000 for individuals and $2,000 for married couples. Weaker income gains and high inflation constrained lower-income households and contributed to a long-term decline in individual giving. December remains a critical month for philanthropy.
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