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U.S. giving topped $600 billion for the first time last year. Megadonors and bequests are to thank
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- Donors gave an estimated $617.2 billion to U.S. charities last year, up 5.7% from the year prior on a blistering stock market rally, according to a Giving USA report released this week.
- The findings mark the first time yearly giving has topped $600 billion in the 60-year history of the annual philanthropy report, which is published by the Giving USA Foundation.
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A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.
Donors gave an estimated $617.2 billion to U.S. charities last year, up 5.7% from the year prior on a blistering stock market rally, according to a Giving USA report released this week.
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