What Will Charitable Giving Look Like in 2023?

Major giving trends are likely to be increased asset giving when equity markets recover, growing trust-based philanthropy, an acceleration in legacy giving and more.

Fingers hold up a red paper cutout of a heart.
(Image credit: Getty Images)

If you asked most people what would happen in 2022, the vast majority would not have been able to predict the financial roller coaster that was 2022, or that charitable giving would remain strong. From 40-year highs in inflation and increasing prices in Treasury yields, to volatility in the stock market, “uncertainty” could have been the word of the year. If 2022 brought fresh humility, then we should certainly utilize it as we set expectations for 2023.

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Stephen Kump
Co-Founder & CEO, Charityvest

Stephen Kump is CEO of Charityvest, a modern donor-advised fund (DAF) technology company making purposeful generosity more accessible and frictionless for all. Prior to Charityvest, Stephen worked for over 10 years as a consultant to nonprofit organizations, philanthropists, corporate leaders and private equity investors, most recently with Bain & Company. He is a former U.S. Army cavalry officer and holds an MBA from the Yale School of Management.