Give Wisely: What to Know About Your Holiday Charitable Giving

AARP Fraud Watch Network warns consumers of possible fundraiser scams During the holiday season, consumers are often barraged with requests from local and national charities and fundraisers. In 2014, Americans gave $358 billion dollars to charity, a record high. We all feel more generous this time of year, and while donating to a good cause is a kind, philanthropic gesture to share the holiday spirit, it is important to know where the charitable proceeds are going to end up. In a …

Boomers Most Generous at Charitable Giving

The generation that tuned-in and turned-on is also now recognized for its generosity. Boomers, more than any other age group, give the largest share of donations to charities – an estimated $61.9 billion, according to a new report. Not only are boomers the biggest chunk of total donors (34 percent) they also account for 43 percent of all donations. “Baby boomers are now the dominant source of income for most nonprofits,” says Mark Rovner, a principal at Sea Change Strategies …