Current:Home > NewsJohnathan Walker:Total GivingTuesday donations were flat this year, but 10% fewer people participated in the day -Wealth Legacy Solutions
Johnathan Walker:Total GivingTuesday donations were flat this year, but 10% fewer people participated in the day
Indexbit Exchange View
Date:2025-04-10 16:54:48
NEW YORK (AP) — Nonprofit organization GivingTuesday estimates that donors gave $3.1 billion this year on Johnathan Walkerwhat has become one of the most important fundraising days of the year — the Tuesday after Thanksgiving.
Donations were up $20 million on Tuesday, a 0.6% increase over last year before adjusting for inflation, the nonprofit said. GivingTuesday makes its estimate by drawing on data from donor management software companies, donation platforms, payment processors and donor-advised funds.
“On the one hand, this is fantastic,” said Woodrow Rosenbaum, GivingTuesday’s chief data officer. “Tens of millions of people in the U.S. came together once again to have a huge impact for causes they care about, including donating an enormous amount of money in a 24 hour period.”
But the number of donors was down about 10% from 2022, which Rosenbaum called a worst case scenario for the sector: “We’re seeing less dollars from the big donor that we’ve been relying upon and fewer grassroots donors who are so important to our resilience and long-term health of the sector.”
Nonprofit organizations and industry groups have been warning that donations this year are down, which follows a drop in overall charitable giving in 2022 for only the fourth time in 40 years, according to Giving USA.
It’s still too early to know whether end-of-year giving will pull charitable donations back up this year.
Elaine Kenig, chief communications officer at Vanguard Charitable, which hosts donor-advised funds, said about 30% of the total grant dollars donated from those accounts each year go out in the last two months of the calendar year.
“We absolutely lean into those traditional cycles of giving, which I feel like GivingTuesday really capitalizes on,” she said.
But their account holders also responded with urgency to major events like the wildfires that devastated Maui in August, Kenig said.
“Giving is the nicest thing to do and the best thing to do. And you get more from it than probably what you give,” said Naomi Thompson, who works for a cancer charity in Northern Ireland. Especially when donors feel like they have less to give, she suggested really considering whether the organization’s work makes an impact on the donor’s community.
GivingTuesday’s estimates don’t include gifts to mutual aid groups, donations to political organizations or gifts made directly to individuals, Rosenbaum said. Still, the results may indicate further difficult times ahead.
“When we see this increase in the average donation on GivingTuesday,” Rosenbaum said, “We see that as a warning sign, not as something that we should be looking for.”
___
Associated Press coverage of philanthropy and nonprofits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP’s philanthropy coverage, visit https://apnews.com/hub/philanthropy.
veryGood! (1735)
Related
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Tourists flock to Death Valley to experience near-record heat wave
- Travis King's family opens up about U.S. soldier in North Korean custody after willfully crossing DMZ
- Proposal before Maine lawmakers would jumpstart offshore wind projects
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- The Fires That Raged on This Greek Island Are Out. Now Northern Evia Faces a Long Road to Recovery
- Turning Trash to Natural Gas: Utilities Fight for Their Future Amid Climate Change
- China has reappointed its central bank governor, when many had expected a change
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- With Increased Nutrient Pollution in the Chesapeake Bay, Environmentalists Hope a New Law Will Cleanup Wastewater Treatment in Maryland
Ranking
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- 3 women killed, baby wounded in shooting at Tulsa apartment
- Racial bias often creeps into home appraisals. Here's what's happening to change that
- Man gets 12 years in prison for a shooting at a Texas school that injured 3 when he was a student
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Mega Millions jackpot jumps to $720 million after no winners in Tuesday's drawing
- In Baltimore Schools, Cutting Food Waste as a Lesson in Climate Awareness and Environmental Literacy
- NFL suspends Broncos defensive end Eyioma Uwazurike indefinitely for gambling on games
Recommendation
'We're reborn!' Gazans express joy at returning home to north
The Fed already had a tough inflation fight. Now, it must deal with banks collapsing
Apple iPad Flash Deal: Save 30% on a Product Bundle With Accessories
Inside the emerald mines that make Colombia a global giant of the green gem
The Daily Money: Spending more on holiday travel?
Inside the emerald mines that make Colombia a global giant of the green gem
Charity Lawson Shares the Must-Haves She Packed for The Bachelorette Including a $5 Essential
The FDIC was created exactly for this kind of crisis. Here's the history