Synagogues are not the only religious institutions caught in the current economic downturn. The past three years have also been financially tough for America's churches. But just as a glimmer of hope began to surface this past year, the federal government's desire to tinker with the charitable tax deduction has most church leaders concerned. According to the just released "State of the Plate" constituency survey of more than 1,500 … [Read more...] about US Charitable Deduction Issue Looms Large for Churches Also
For the first time in four years, Americans are saying they are more likely to increase their giving to charity rather than decrease their charitable support, according to the annual Dunham+Company New Year’s Philanthropy Survey conducted by Wilson Research Strategies. Compared to 2010’s survey, the changes are quite significant. For instance, there is a 29% surge in households that say they plan to increase their giving in 2011 over 2010, a … [Read more...] about Americans Plan to Give More to Charity in 2011
from The Chronicle of Philanthropy: After a Frugal Year, 2011 May See a Jump in Top Donors’ Giving The year 2010 brought a lot of talk of philanthropy by the super-rich - but not much giving. Despite more than 50 billionaires announcing last year that they would ultimately devote at least half of their wealth to charity, few made big gifts in 2010. Just 17 people on The Chronicle’s annual list of the 50 most-generous donors also … [Read more...] about America’s Biggest Donors
from The Chronicle of Philanthropy: Can Declining Gifts Be a Sign of Economic Recovery? While many charities reported a strong year-end giving season, which some see as a sign that donations will be strong in 2011, other groups - especially those that focus on social services - say fund raising is getting worse. And that just might be a sign that the economy is on the mend, painful as it may be for the groups still struggling to meet … [Read more...] about Do Declining Gifts Signal Economic Recovery?
The number of grants recommended from Vanguard Charitable donor-advised accounts to other charities increased sharply in 2010, with nearly 34,000 grants totaling approximately $541 million donated to deserving causes. Grant distributions increased 50%, from $361 million a year earlier, and the average grant amount rose 35% from 2009, to nearly $16,000 per distribution. Additionally, Vanguard Charitable saw its number of new accounts grow by … [Read more...] about Vanguard Charitable Reports Sharp Rise in Grants Recommended