Charitable giving is expected to rise 2.6 percent in 2016, to $489.8 billion, according to a new report.
Giving is expected to be modest as a result of recent turmoil in the stock market, the Federal Reserve’s interest-rate hike in December, and political giving that will drive donors’ dollars away from nonprofits, said a report recently released by Atlas of Giving.
Still, some positive trends may have a beneficial effect on donor behavior, the study notes, including low oil and gas prices and improved unemployment rates.
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