According to the Wall Street Journal, 2020 was a banner year for charitable giving. Much of this increase was Covid relief related as individuals found new and innovative ways to help.
My experience with clients was similar as many saw a greater need and responded. I once was told that people give most to organizations that save lives or change lives, and maybe that idea was played out last year. The fact that we have experienced a decade of stock market growth, no doubt, added to the generosity experienced as well. Hopefully, this experience will continue and even be increased this year.