Previously measured by individuals who claim contributions on their tax returns, philanthropic giving showed a significant drop in 2018. This can be attributed, in part, to federal legislation that increased the standard deduction for charitable giving. As of 2018, total itemized deductions must exceed $12,000 for individuals (up from $6,350 in 2017) and $24,000 for married couples (up from $12,700 in 2017). In 2020, as part of The CARES Act, taxpayers who don't itemize deductions may take a charitable deduction of up to $300 for cash contributions made in 2020 to qualifying organizations. National research for Giving USA by Indiana University Lilly Family School of Philanthropy shows that individual giving continues to make up the largest category of philanthropic giving in the U.S. Giving by individuals totaled an estimated $319.04 billion, declining 6.4% in 2022 (a decline of 13.4 percent when adjusted for inflation) after two of the most generous giving years on record.
TBD ( by 2030)
Year | Value | Margin of Error |
---|---|---|
2020 | -- |
TBD
Bexar County
After 12 years of driving progress toward a shared community vision, SA2020, the nonprofit organization, is dissolving. We believe this is the most visionary thing we can do. We made this decision with the greatest care for our organizational values of leadership, community, and accountability, and we hope you’ll read more about it on our blog.
Our website is live with our final data release, showing where San Antonio stands on reaching the shared community vision. The data release is accompanied by our final call to action—a policy agenda for City government based on our unique bird’s-eye view of San Antonio.
While SA2020’s operations ended March 28, these resources, along with the last twelve years of our research and stories, will be available to download from our website through September 2024.
– Team SA2020