By Marc C. Shaffer
Charitable giving can be done at any level, and it takes all types of donors for charitable organizations to survive.
Many donors find themselves with a desire to give, and then make their donations based on their ability to give. But, moving beyond the desire and ability to creating a strategy for giving that is part of your financial plan may help you give more.
According to Giving USA’s 2021 report, approximately $471.44 billion was given to U.S. charities in 2020, which was up 5.1 percent from the previous year. This giving was done in the form of individual donations, bequests, foundations and corporate giving.
Understanding where and how you’re giving can help you visualize your current impact and help while you’re developing a strategy for maximizing these gifts.