The number of households donating also fell, amid economic uncertainty in the United States.
Subscribe to RR1 Live+ for exclusive virtual events all year long , conversations with Robb Report editors, special perks, and more.
Along with the overall drop in giving, the average dollar amount donated by wealthy households fell a steep 19 percent from 2020, the report noted. That could partially be due to the aforementioned economic factors, such as rising interest rates and the S&P 500 dropping a similar 19 percent last year. In response, households may have pulled back on their spending in many areas, including donations. Additionally, 2020 was a massive year for charitable giving.
Despite the overall drop-off when compared with 2020, the 2022 numbers did reflect increased giving when compared with other years: The average donation, for example, was up more than $5,600 from 2017, Bloomberg noted. Because of that, it’s hard to draw final conclusions on the state of giving among wealthy Americans.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Gang removed hundreds of kidneys to sell to wealthy clients, Pakistan police sayPolice in eastern Pakistan have smashed an illegal organ harvesting ring, arresting eight people for surgically removing kidneys from hundreds of patients for wealthy people needing a transplant, authorities said Monday.
Weiterlesen »
The 2023 Forbes 400 List Of Richest Americans: Facts And FiguresThe wealthiest people in the U.S. are as wealthy as ever.
Weiterlesen »
Domestic Worker Bill VetoNewsom argued against regulating households
Weiterlesen »
The Nun 2 Gets Digital Release Date Less Than One Month After Theatrical DebutThe Nun 2 was an early fall horror hit.
Weiterlesen »
Nearly half of private flights from Hanscom last less than an hour, study showsEighteen months of data were analyzed by researchers while the Massachusetts Port Authority considers a proposal to add more than two dozen hangars to the airport.
Weiterlesen »