• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

Mark Zuckerberg feeds his cows macadamia nuts and beer to create the 'highest-quality beef in the world' on his $300 million estate in Hawaii

3

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

Mark Zuckerberg feeds his cows macadamia nuts and beer to create the 'highest-quality beef in the world' on his $300 million estate in Hawaii

3

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Personal FinanceCharity

Donating to nonprofits on GivingTuesday this year could have a bigger impact than usual

By
Thalia Beaty
Thalia Beaty
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Thalia Beaty
Thalia Beaty
and
The Associated Press
The Associated Press
Down Arrow Button Icon
November 27, 2023, 11:30 AM ET
A food bank volunteer carries groceries
A Utah Food Bank volunteer carries groceries for the needy at a mobile food pantry distribution site Wednesday, Dec. 21, 2022, in Salt Lake City.AP Photo/Rick Bowmer, File
Add Fortune on Google for similar content.

Supporting nonprofits on GivingTuesday this year could have a bigger impact than usual. Why? Because nonprofits and industry groups say donations so far are down compared with previous years.

Recommended Video

Many organizations will look to make up the difference on GivingTuesday, the Tuesday after Thanksgiving, which started as a hashtag in 2012 and has grown into one of the biggest fundraising dates on the calendar. Many nonprofits will run matching campaigns, meaning a supporter has pledged to double or sometimes triple the donation of other, smaller donors.

Combine that boost with businesses that match employee donations and it can really add up, said Tim Pries, who runs a small production studio in the Bay Area matching employee gifts to nonprofits of up to $1,000.

“It’s just kind of exponential, which makes me happy in my heart that a little bit goes a much longer way, especially on that day,” Pries said.

A large amount of charitable giving happens at the end of the calendar year, coinciding with the holidays and the time when some donors will consider the tax benefits of giving.

Large organizations offering donor-advised funds, which are financial vehicles for charitable giving, host webinars and put out reports to encourage their account holders to consider where and how much they want to give while they are gathered with their families before Thanksgiving, said Amy Pirozzolo, head of donor engagement at Fidelity Charitable.

Her organization forecasts grants from their donors will increase compared to last year, saying $9 billion has been granted as of the end of October, before the end-of-year bump which can account for 30% of the total. Last year, some $11.2 billion was granted from its DAF accounts.

“We are super, super optimistic about what the year-end is going to look like,” Pirozzolo said.

The rosy forecast for end-of-year giving from organizations like Fidelity Charitable contrasts with warnings from organizations like the National Council of Nonprofits, which said in an August report that many organizations anticipate falling financial support this year. That would follow the trend of charitable giving in 2022, which dropped for only the fourth time in 40 years.

Perhaps more concerning for nonprofits, the Giving USA report found fewer people are donating at all, with less than half of Americans giving to charity in 2022 compared with more than two-thirds who gave in 2000.

The trend, though, is different for affluent Americans, whose charitable contributions have made up a larger and larger share of overall donations. The recent 2023 Bank of America Study of Philanthropy found households with a net worth of more than $1 million or annual income of more than $200,000 are still giving 19% more than before the pandemic.

The bifurcated trends mean many organizations will target their wealthiest supporters, though the harsh reality is that even they may pull back on donations because of larger economic forces, like high interest rates, a dragging stock market and persistent inflation.

Other nonprofits, though, aim to rally support from the communities they seek to serve, and GivingTuesday can help with that. Board member Natasha Andrews, of LIVE; Indiana, a nonprofit in Fort Wayne, which focuses on suicide prevention among young people, said they’ve been preparing for months for GivingTuesday and will launch social media campaigns and reach out to former donors by email.

“We like to really bring out a lot of the statistics at that time,” she said. “A lot of the information to really, truly educate people on why it’s important to give their money to our organizations.”

But they also run regular events throughout the year to raise their profile as a place where teenagers can seek help and to spread awareness of emergency resources, she said.

Ciara Coleman, who works for a large philanthropic foundation, approached the fundraising problem from the angle of a donor when she started a giving circle in New Orleans to support women and girls in her city. Her professional experience had taught her that too often, decision-makers in philanthropy overlooked her community.

“I gathered nine of my friends at the time and just had this conversation about reshaping philanthropy because I was frustrated with the roles being dominated by white men,” Coleman said. Since it was founded in 2021, the giving circle, Geaux Girl Giving, has donated $50,000 to 30 organizations in grants that range from $1,000 to $5,000.

She and the other members also volunteer, serve as mentors and open their networks to their grantees and the people those organizations serve, which she sees as embodying the original, Greek meaning of the word philanthropy. That is, “the love of humanity, which never was, I think, intended to mean solely those who write a large check,” Coleman said. “But those who really have a love for people and tap into all of their resources in order to exude that love for others.”

Ultimately, many donors are motivated to give by deep personal connections to causes or issues or because someone they know asks them.

When asked how he decides where to give, Jacob Qualls, a business consultant in Chicago, grabbed a manilla envelope on his desk and sifted through his giving receipts from the past year. Many of his donations have supported education in some way, though he’s also supported disaster relief and medical research.

Qualls wasn’t planning to donate specifically on GivingTuesday, though he said if an organization or person he knows reaches out to him, he may respond. There are other occasions that move him more, he said, like the 100th anniversary of his fraternity, Alpha Phi Alpha, which he gave to this year, or his alma mater, Morehouse College, which fundraises at other times of the year.

“It can be anchored towards our founding date, it can be anchored towards, yes, GivingTuesday and or homecoming and or other things that are relevant to potential donors,” he said.

___

Associated Press coverage of philanthropy and non-profits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP’s philanthropy coverage, visit https://apnews.com/hub/philanthropy.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Authors
By Thalia Beaty
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Personal Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Personal Finance

Best private student loans for medical school
Personal Financestudent loans and debt
Best private student loans for medical school
By Joseph HostetlerJuly 2, 2026
7 hours ago
s
Personal FinanceSports
The sports economy is unaffordable at the bar, let alone the stadium
By Catherina GioinoJuly 2, 2026
9 hours ago
Securitize CEO Carlos Domingo looks to the far right during a conference.
CryptoBlockchain
Securitize is latest crypto company to go public as BlackRock-backed firm sees stock jump 3% on debut
By Camila Grigera NaónJuly 2, 2026
11 hours ago
Chris Hulatt co-founder of Octopus Group
SuccessHow I made my first million
A 2-year taste of the office was enough to make 3 grads quit. Now they run a $13.2 billion investment firm: ‘We didn’t want a traditional job again’
By Orianna Rosa RoyleJuly 2, 2026
12 hours ago
Best checking accounts for July 2026
Personal Financechecking accounts
Best checking accounts for July 2026
By Glen Luke FlanaganJuly 2, 2026
12 hours ago
Current price of Bitcoin for July 2, 2026
Personal FinanceCryptocurrency
Current price of Bitcoin for July 2, 2026
By Joseph HostetlerJuly 2, 2026
14 hours ago

Most Popular

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
By Marco Quiroz-GutierrezJuly 1, 2026
2 days ago
Mark Zuckerberg feeds his cows macadamia nuts and beer to create the 'highest-quality beef in the world' on his $300 million estate in Hawaii
Success
Mark Zuckerberg feeds his cows macadamia nuts and beer to create the 'highest-quality beef in the world' on his $300 million estate in Hawaii
By Sasha RogelbergJuly 2, 2026
11 hours ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
8 days ago
Today, Emily Blunt is worth $80 million thanks to her Hollywood career—but she actually wanted to be a UN Spanish translator on $80K
Success
Today, Emily Blunt is worth $80 million thanks to her Hollywood career—but she actually wanted to be a UN Spanish translator on $80K
By Orianna Rosa RoyleJuly 2, 2026
21 hours ago
Americans are escaping the U.S. for New Zealand where house prices have hit a new low—but only wealthy Americans with $3 million spare can invest
Success
Americans are escaping the U.S. for New Zealand where house prices have hit a new low—but only wealthy Americans with $3 million spare can invest
By Emma BurleighJuly 2, 2026
13 hours ago
Current price of oil as of July 2, 2026
Personal Finance
Current price of oil as of July 2, 2026
By Joseph HostetlerJuly 2, 2026
14 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.