American giving hit $617 billion in 2025 — and the Paul Allen effect exposes who’s really driving it
This growth was slightly faster than the long-term annual average of 2.7%, thanks to the nation’s relatively strong – if mixed – economy. While the stock market performed well in 2025 and personal income rose, consumer sentiment was extremely low and inflation remained above the Fed’s 2% target. As part of my job researching trends in philanthropy and nonprofits, I’ve been the lead analyst for over a decade of this annual report from the Giving USA Foundation, produced in partnership with the Indiana University Lilly Family School of Philanthropy.
- ▪This growth was slightly faster than the long-term annual average of 2.7%, thanks to the nation’s relatively strong – if mixed – economy.
- ▪While the stock market performed well in 2025 and personal income rose, consumer sentiment was extremely low and inflation remained above the Fed’s 2% target.
- ▪As part of my job researching trends in philanthropy and nonprofits, I’ve been the lead analyst for over a decade of this annual report from the Giving USA Foundation, produced in partnership with the Indiana University Lilly Family School
Fortune files mainly under business. We currently carry 644 of its stories.
Story provenance
Source · retrieval · rights · ranking — open for full record
inspect →
Story provenance
Attribution is not the same as permission. This drawer separates discovery metadata, excerpts, WeSearch-generated summaries, reuse status, and whether the publisher receives the visit. Nothing here claims a legal grant the publisher has not made.
Record
| Original publisher | Fortune |
| Canonical URL | https://fortune.com/2026/06/26/paul-allen-estate-bequest-charitable-giving-2025/ |
| Publication time | Fri, 26 Jun 2026 06:30:00 +0000 |
| Retrieval time | 2026-06-26T06:47:29.322Z |
| Last seen | 2026-06-26T06:47:29.322Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | IQiFH3yBPwPF |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
Rights status (four layers)
WeSearch handling by dimension
| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
U.S. charitable giving rose 3% in 2025, surpassing $600 billion for the first time.Recommended Video The $617 billion that Americans gave to everything from churches to cat rescues was the second-highest ever in inflation-adjusted terms, but it fell short of the record set in 2021, when there was a burst of social services giving in response to the COVID-19 pandemic. This growth was slightly faster than the long-term annual average of 2.7%, thanks to the nation’s relatively strong – if mixed – economy. While the stock market performed well in 2025 and personal income rose, consumer sentiment was extremely low and inflation remained above the Fed’s 2% target.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Fortune.
Discussion
0 commentsMore from Fortune
