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U. S. Giving Hits $617 B. Has the Great Wealth Transfer Begun?

From the Chronicle of Philanthropy June 23, 2026

Donors gave U.S. charities $617 billion in 2025, an inflation-adjusted 3 percent increase over last year, according to “Giving USA 2026: The Annual Report on Philanthropy for the Year 2025.” 

Bequests last year jumped by nearly 17 percent, the third year of the last four to clock double-digit increases in thisform of giving. The trend could signal the beginning of the long predicted Great Wealth Transfer — in which aging baby boomers begin passing their enormous wealth to their children and charities. Over all, giving increased among all categories: corporations, living individuals, bequests, and foundations

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