US giving grew 3% in 2025, crossing the $600B mark for the first time
U.S. charitable giving increased by 3% in 2025, reaching $617 billion for the first time, driven by growth in bequests and foundation donations. This rise followed a strong stock market and higher personal incomes, despite low consumer sentiment and above-target inflation. The increase in bequests, which now account for 10% of total giving, was partly due to the growing wealth of estates and the ongoing transfer of assets from older generations.
U.S. charitable giving reached $617 billion in 2025, a 3% increase and the first time it has crossed the $600 billion mark.
This growth reflects shifting donation trends, with bequests and foundations playing a larger role, influenced by strong stock market performance and aging wealth.
The rise in giving highlights how individuals and institutions are adapting their generosity to economic changes, offering opportunities for long-term social impact.
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