Gifts to Charity Dropped 1.7 Percent Last Year, Says ‘Giving USA’ - Michael Towner, Iconic Legacy7/31/2019 ![]() Last year was a tough one for many charities even though the overall economy was strong: Donations declined 1.7 percent, to $427.7 billion, according to the annual “Giving USA” report released Tuesday. The drop in contributions — due largely to average Americans donating less — follows four years of sustained growth that reached a high of $435.1 billion in 2017. A drop in total giving is relatively uncommon. “Giving USA,” which examines contributions from individuals, foundations, and corporations, noted that the decline was just the 13th drop in overall giving it had charted in the past four decades. The decline could be a sign of trouble ahead, particularly if a recession is on the horizon and changes to the tax code cause a long-term challenge for fundraisers. Or it could be a sign that the erratic stock market in the last half of 2018, combined with uncertainty about the tax law, made last year especially difficult. Emphasizing that their results were based off of projections, researchers were careful to say that it was impossible to know yet just how concerned charities should be that giving was off last year. Americans decreased their giving 3.4 percent from 2017 levels, dropping from $302.5 billion to $292.1 billion. Historically, individuals have provided at least 70 percent of overall giving, but in 2018 they gave just 68 percent. Another 18 percent of contributions came from foundations and 5 percent from corporations. One reason for the decline may have been that donors were spooked by the stock market’s nosedive in December. “Stock markets really went down at exactly the wrong moment last year,” said Thomas Kurmann, director of development at Doctors Without Borders USA. “Even though the economy’s good, the markets have been on a rollercoaster, and that rollercoaster leads to uncertainty,” said Steve MacLaughlin, vice president for data and analytics at Blackbaud. When people don’t have a clear picture of their future, they usually forestall major financial decisions, like a large end-of-year gift, he said. This donor hesitancy is significant because in recent years, many charities saw big donors making up for large losses in the share of middle-class donors’ giving. But that wasn’t the case last year. “For many years, the biggest gifts — the megagifts — have been able to sustain growth and made up for the loss of household giving,” said Laura MacDonald, vice chair at the Giving USA Foundation and principal at the Benefactor Group. In 2018, however, those big contributions weren’t enough to stave off an overall drop in giving. Outside of the “Giving USA” report, other philanthropy trackers are finding similar trends extending into 2019. The Fundraising Effectiveness Project, which measures annual fundraising rates, has seen donations from individuals continue to fall this year. In the first quarter of 2019, the number of donors shrank by nearly 6 percent, while overall donations decreased just over 2 percent. More info, click here.
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Specialty plate sales in the state of Arizona have raised $11.2 million for shareable cases, according to the Arizona Department of Transportation.
The causes that the $11.2 million supports ranged from Arizona veterans programs, Special Olympics, organ donation, hunger relief, university scholarships and many others. ADOT reported that money raised has steadily grown for a number of years with $8.7 million in 2015, $9.4 million in 2016 and more than $9.8 million in 2017, followed by $10.6 million in 2018 Through a prepared statement, ADOT Motor Vehicle Division Director Erik Jorgensen stated “The specialty plate program is a real point for pride for Arizona and is a tremendous success. Raising more than $11 million in the last fiscal year proves Arizonans are both generous and eager to support great causes and organizations they believe in.” ADOT said that drivers who wish to select a plate can go to servicearizona.com and once a selection is made, may click on a link for more information that outlines the cause supported by the plate’s sale. Once in the portal, it is possible to select and click on the plate style, enter your choice of letter and/or numbers and click to see if that combination is taken or not free of charge. When ordering the plate, one must: Enter the vehicle information for the vehicle you are requesting the specialty plate, confirm record information displaying it’s for the correct vehicle, select your plate sale and plate format (if applicable), view total fees, provide credit card information and pay fee, print confirmation and attach to your current registration until your request plate arrives, provide feedback by answering a quick and simple optional survey. Specialty plates are created by an act of the Arizona Legislature. The program, which began in 1989, is administered by the MVD. |
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