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www.wbjournal.com Worcester Business Journal Giving Guide 2024 7 BUSINESS BANKING WITH ST. MARY'S CREDIT UNION. Conveniently located local branches for a quick stop in or one phone call away - All of your business banking needs right here in one place. www.stmaryscu.org (508)-490-8000 LEARN MORE Corporate giving grow n Giving by all U.S. businesses and their foundations is projected to increase by 1.9% in 2024 and 2.6% in 2026, according to The Philanthropy Outlook 2024 and 2025 by the Indiana University Lilly Family School of Philanthropy. Here's how corporate giving trended in the most recent data over five-year data reported by The Giving Institute, which partners with Indiana University in its annual USA Giving report. Sources: The Giving Institute; Lilly Family School of Philanthropy n Corporate donations make up a relatively small piece of the philanthropic pie in the United States but money donated by businesses was on the rise according to 2022 data from Giving USA and the Lilly Family School of Philanthropy at Indiana University. Corporate giving was the fastest growing source of philanthropy, and experts say it will continue to grow given favorable economic conditions. Sources: The Giving Institute; Lilly Family School of Philanthropy $30 billion Amount donated by corporations in 2022 6% Percentage of total charitable giving that came from corporate donors 3.4% Percent increase of corporate giving in 2022 vs. 2021 $319 billion Amount donated by individuals, accounting for 64% of charitable giving $143 billion Dollars donated to religious organizations or causes; the largest recipient type 2022 2021 2020 2019 2018 $29.5 billion $28.5 billion $24.1 billion $24 billion $24 billion Exceptional Care – For Families and Community. For Family & Community notredame healthcare.org • Assisted Living Residence • Skilled Nursing Facility • Residential Memory Care • Short Term Rehabilitation • Adult & Pediatric Hospice • Pediatric Palliative Care • Educational Resource Center • Spiritual Care 555-559 Plantation Street Worcester, MA 01605 (508) 470-0065 Contact us to learn more about the mission-driven, not-for-profit difference at Notre Dame Health Care. Notre Dame Health Care