As of January 2024, 56% of the largest U.S. charities now accept cryptocurrency donations. According to The Giving Block, a crypto-giving platform for charities, more than $2 billion in crypto has been donated to nonprofits since 2018. Is it the future of giving?
Read More(ANALYSIS) Three men have filed a lawsuit against the Church of Jesus Christ of Latter-day Saints – also known as the LDS or Mormon church – and its investment arm, Ensign Peak Advisors, Inc. The men, at least one of whom remains an active member of the church, according to the lawsuit, allege that the church had fraudulently induced them into making donations.
Read MoreGenerosity towards religious organizations grew slightly between 2021 and 2022, despite total U.S. charitable giving declining after two record years.
Read More(OPINION) Tax returns sadly say most American Christians are ungenerous, typically giving only 1.5% to 2% of their income according to an Oxford University Press book. It’s not that Christians don’t have the money but that they spend it on luxuries — with little leftover to give — while failing to perceive needs outside their own circles.
Read More(OPINION) Danger signs began decades ago. Giving to religious groups — defined in terms of potential donations based on after-tax incomes — peaked in 1960 and then began to decline, even as church membership numbers and budgets kept rising.
Read MoreAccording to the 2022 Bank of America Private Bank Study of Wealthy Americans, most well-to-do people of all ages feel compelled to give to philanthropic causes. However, although 82% of parents believe their children share the same vision and goals when it comes to giving, members of younger generations feel the need to pave their own way in the world of philanthropy.
Read MoreA recent report by Barna Group has Christians revisiting the meaning of the traditional tithe. “Revisiting the Tithe & Offering,” produced in partnership with Generis and Gloo, is the latest release in “The State of Generosity” series and is the culmination of collected data after surveying 2,016 U.S. adults last November.
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