Press Release from Atlas of Giving
2016 Charitable Giving Outlook Weakens Amid Market Volatility, Lowered GDP: "DALLAS, May 12, 2016 /PRNewswire/ -- Charitable giving will fall well short of the gains experienced in 2015 as wild market swings and economic uncertainty challenge fundraising results for many U.S. charities, according to a new forecast.
In its latest report, the Atlas of Giving estimates that charities nationwide in 2016 are unlikely to get anywhere near the solid 4.6 percent increase in giving recorded in 2015.
Rather, the forecast projects charities will likely see total 2016 charitable giving range from a decline of 0.9 percent to a modest 1.4 percent increase. Nonprofits are already feeling the pain — through the first quarter of 2016, giving has remained flat compared to first quarter 2015."
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