XML Financial Group Blog

Charitable Giving Trends for 2023

Written by XML Financial Group | Feb 7, 2023 3:00:00 PM

Considering how challenging 2022 was for capital markets and the economy, it would be understandable if charitable giving tailed off last year. In fact, the opposite happened: charitable giving was strong throughout the year, and Giving Tuesday donations reached their highest volume ever.

What drove charitable giving in 2022? And with inflation still an ongoing concern and ups and downs in the stock market expected to persist in the near term, what will the charitable giving landscape look like in 2023?

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