The stock market and large donors also contributed to strong giving, experts say. Notably, the No.2 charity, Feeding America, a network that supplies 200 food banks nationwide, reported a 26% jump in gifts (mainly donated food) and No.
In early 2020, as the country locked down and entered a steep recession, Americans who still had jobs found themselves awash in federal stimulus cash and moved by the plight of those who weren’t so lucky. The surge in giving was, in part, a rare positive side effect of the pandemic. That’s one of the highest percentage increases in the 23 years Forbes has been compiling this list, and stands in sharp contrast to last year’s performance, when donations to the top 100 fell 4%. Nder the shadow of Covid-19, the nation’s top 100 charities reported a 10% increase in private donations during their most recently reported fiscal years, collectively receiving $54.4 billion in support.
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