Charitable giving in 2018 was concentrated among larger donors, evidence of how the tax-code changes enacted in 2017 are rippling through the nonprofit sector
[email protected] Updated Feb. 25, 2019 4:42 p.m. ET WASHINGTON—Charitable giving in 2018 was increasingly concentrated among larger donors, according to a report released Monday, evidence of how the tax-code changes enacted in late 2017 are rippling through the nonprofit sector.
Charitable revenue from donations of at least $1,000 increased by 2.6% in 2018, according to Monday’s report from the Association of Fundraising Professionals, and there were signs that the tax law is discouraging some gifts. The number of donors declined 4.5% last year and donations under $250 dropped... To Read the Full Story
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