Bank of America Study: Charitable Giving by Affluent Households Above Pre-Pandemic Levels
NonProfit PRO
OCTOBER 13, 2023
The Bank of America Private Bank and the Lilly Family School of Philanthropy at Indiana University released the "2023 Bank of America Study of Philanthropy." The study found that affluent households gave an average of $34,917 to charity in 2022, up from $29,269 in 2017, though less than the $43,195 they gave in 2020.
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