3 Reasons Why 2020 May Be the Greatest Giving Year Ever

The COVID-19 pandemic is proving that we’re a nation of givers. Here’s why and some tips on how you can best do your part as well.

(Image credit: Getty Images)

According to the newly released Giving USA numbers, 2019 saw a 2.4% increase in giving after adjusting for inflation. That’s wonderful news and continues the recent trend that Americans give more each year. But, as we all know, 2020 is already a “year for the ages,” so the question on many minds is will giving continue during this time of turmoil?

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Lawson Bader
President, CEO, DonorsTrust

Lawson Bader has served as president and CEO of DonorsTrust since 2015. He has had 20 years' experience leading free-market research and advocacy groups, including the Competitive Enterprise Institute and the Mercatus Center. DonorsTrust is a community foundation safeguarding the intent of accountholders who seek to promote charities that address civic concerns, are mostly privately funded, do not increase the size and scope of government, and promote free enterprise and personal responsibility.