With support from Marts & Lundy, the Indiana University Lilly Family School of Philanthropy developed this report to help inform the nonprofit sector. Nonprofit leaders and staff can use the information within The Philanthropy Outlook to guide decision making about future budgeting, staffing, fundraising, programming, and general nonprofit development, as well as for board reports, general nonprofit reports, and research on philanthropic giving trends.
While the economic and financial sector has seen greater-than-normal economic volatility in recent years, the coming years are expected to be slightly more stable and optimistic. The Philanthropy Outlook reveals that the future of philanthropy is bright:
- Contributions from all sources of giving are expected to grow into 2015 and 2016.
- The expected growth of total giving in each year, 2015 and 2016, will exceed the estimated annualized average rate of growth in total giving in the years following the Great Recession (3.1%).
- While giving by individuals/households will see the slowest overall growth in 2015 and 2016, compared with the other sources of giving, giving by foundations and corporations is expected to be quite strong in both 2015 and 2016.
- Giving by estates is expected to grow in 2015 and 2016, although at a slightly volatile rate across those years.