Tips From the Pros: Unique Trends and Approaches to Charitable Giving

Al W. King III discusses both traditional and non-traditional strategies for charitable giving as part of a client’s estate planning.

Al W. King III | Oct 22, 2021

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Population and wealth trends will continue to have an impact on charitable giving. In 2020, charitable giving reached a record $471.44 billion in the United States.¹ It’s anticipated to rise 4.1% in 2021 and 5.7% in 2022.² Ninety percent of high-net-worth (HNW) families donate to charity in the United States.³ Only 17% of these wealthy donors indicate that their primary motivation for charitable giving are the tax benefits.⁴ They operate under the

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