Forty-five percent of experienced donors expect to give more this year than they did in 2016, while only 7 percent expect to give less, a survey conducted by Exponent Philanthropy finds.
Of the four hundred and eighty people who responded to the organization's late September Pulse Check survey, 43 percent said the most important factor in their giving decisions in 2017 was community need, followed by market performance (31 percent), desire to maximize impact (28 percent), and political/regulatory environment (19 percent). The findings were consistent with a spring survey by the organization in which 22 percent of the same population said they "expect to make changes to their 2017 giving as a direct result of recent changes in Washington, D.C."
"We are not surprised to see that charitable giving will increase in 2017 given the performance of financial markets and a preponderance of need both domestically and abroad," said Exponent Philanthropy CEO Henry L. Berman. "That said, it's clear that all the factors that have made 2017 anything but a normal year are figuring into our members' giving — across the political spectrum — and that many are responding by stepping up their giving. While this Pulse Check examined personal giving, looking ahead, the robust markets of 2017 suggest foundation giving should be up and provide more funds for societal benefit."