Charitable giving in America

Article Highlights

  • America’s commitment to philanthropy is unique among nations.

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  • Charitable giving in America reached its peak in the early 2000s, but declined sharply during the recession.

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  • Americans have an unparalleled history of giving generously to others, but is that tradition in jeopardy?

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America’s commitment to philanthropy is unique among nations—it is a tangible example of American exceptionalism. Total charitable giving in America reached its peak in the early 2000s, but declined sharply during the Great Recession and has yet to fully recover. AEI President Arthur Brooks takes a deeper look at Americans' generosity and shows how recipients of charitable donations will be impacted by changes in tax rates and proposed caps on charitable deductions.

 

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Arthur C.
Brooks

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