Home Breadcrumb caret Industry News Breadcrumb caret Industry Breadcrumb caret Practice Breadcrumb caret Tax Breadcrumb caret Tax News Breadcrumb caret Technology Boomers give more to charities Boomers in the U.S. contribute 43% of all giving, finds a new study. Meanwhile, 11% of Gen Y donates to charities, and 20% of Gen X. By Staff | August 9, 2013 | Last updated on September 15, 2023 1 min read Baby Boomers donate more to charities than other generations in the U.S., finds a study by Blackbaud, which provides nonprofit software and accounting management. In fact, Baby Boomers in the U.S. contribute 43% of all funds donated in America, with 72% of this group giving an average $1,212 per year. Gen X accounts for 20%, while Gen Y represents 11%. Read: Clients can donate to charities for big tax savings Additional findings from the study include: All generations value a mix of online and offline communications and giving channels; Crowdfunding and peer-to-peer fundraising are gaining traction, largely with Gen X and Y; 62% of Gen Y donates through mobile phone, compared to 47% of Gen X; Boomers prefer to donate through their workplaces (46%), while those over 68-years-old give in response to direct mail solicitation (52%). View the infographic for more information Also read: Help clients avoid gift-giving mistakes Give using community foundations Protect clients from gifting tax shelter schemes Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo