American giving hit $617 billion in 2025 — and the Paul Allen effect… | HappeningNow.news
Published Date: June 26, 2026

Business & Economy · 1 views

American giving hit $617 billion in 2025 — and the Paul Allen effect exposes who’s really driving it

A $3.1 billion bequest from the Microsoft co-founder's estate — paid out seven years after his death — helped push charitable bequests to $62 billion.

Source Fortune AI Summary Updated 2h 32m ago
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Read time 1 min ~25 words

AI Summary

A $3.1 billion bequest from the Microsoft co-founder's estate — paid out seven years after his death — helped push charitable bequests to $62 billion.

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