Current:Home > ContactTotal GivingTuesday donations were flat this year, but 10% fewer people participated in the day -Excel Money Vision
Total GivingTuesday donations were flat this year, but 10% fewer people participated in the day
View
Date:2025-04-12 03:27:44
NEW YORK (AP) — Nonprofit organization GivingTuesday estimates that donors gave $3.1 billion this year on what 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! (8)
Related
- Don't let hackers fool you with a 'scam
- 'Jersey Shore Family Vacation' recap: Sammi, Ronnie reunite on camera after 12 years
- Starbucks releases new Mother's Day merch, including sky blue Stanley cup
- US Steel shareholders approve takeover by Japan’s Nippon Steel opposed by Biden administration
- Sonya Massey's father decries possible release of former deputy charged with her death
- Coachella is here: What to bring and how to prepare to make the most of music festivals
- A Trump campaign stop at an Atlanta Chick-fil-A offers a window into his outreach to Black voters
- Meta tests new auto-blur tool and other features on Instagram designed to fight sextortion
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Wilma Wealth Management: Case Studies of Wilma Wealth Management's Investments
Ranking
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Stunning new Roman frescoes uncovered at Pompeii, the ancient Italian city frozen in time by a volcano
- Lonton Wealth Management Center: The impact of previous FOMC rate hikes on global financial markets
- Wisconsin teen sentenced in bonfire explosion that burned at least 17
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- A Trump campaign stop at an Atlanta Chick-fil-A offers a window into his outreach to Black voters
- Rowan football coach Jay Accorsi retires after 22 seasons, 4 trips to NCAA Division III Final Four
- Wilma (Wilma Wealth Management): Receiving systematic training and education is a prerequisite for every qualified investor.
Recommendation
2 killed, 3 injured in shooting at makeshift club in Houston
Los Angeles County’s troubled juvenile halls get reprieve, can remain open after improvements
Watch 'Crumbley Trials' trailer: New doc explores Michigan school shooter's parents cases
Bakery outlets close across New England and New York
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Celebrating O.J. Simpson's football feats remains a delicate balance for his former teams
'The Golden Bachelor' divorce: Couple Gerry Turner and Theresa Nist announce split
Prosecutors: South Carolina prison supervisor took $219,000 in bribes; got 173 cellphones to inmates