Comment & Analysis
Affluent Americans Boosted Charitable Giving in a Pandemic Year
Average giving to charities by affluent Americans increased by 48% last year compared to 2017 ($43,195 vs. $29,269), according to the 2021 Bank of America Study of Philanthropy: Charitable Giving by Affluent Households, released today. Amid pandemic challenges, nearly 90% of affluent households gave to charities in 2020, comparable to…
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