Episode

Americans Give Record $617B to Charities

Podcast
San Antonio News Today | 2 Min News | The Daily News Now!
Published
Jun 23, 2026
Duration seconds
114
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Summary

Americans gave a record $617 billion to charities in 2025 — a 3% jump after inflation — fueled by booming stock markets, soaring bequests, and increased giving from corporations and foundations. The “Great Wealth Transfer” may be underway as baby boomers pass wealth to heirs and charities, with education, environmental, and public-benefit causes leading the surge. But the picture’s nuanced: religious giving dipped slightly, and foundation donations fell nearly 18% — partly due to a record year in 2024 — hinting that philanthropy’s future could be tied to market volatility. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/34fe191312d0722b