Una Osili, IUPUI and Sasha Zarins, IUPUI
The sweeping tax reforms that took effect in 2018 meant fewer Americans could itemize their taxes and benefit from the charitable deduction. Has that brought about any dramatic changes in charitable giving? We are the lead researcher and an author of Giving USA 2019: The Annual Report on Philanthropy for the Year 2018, which the Giving USA Foundation releases every year in partnership with the Indiana University Lilly Family School of Philanthropy. Overall, our team found, total giving was virtually flat in 2018. It increased by 0.7% in current dollars to US$427.71 billion.