Americans are known for their generosity. From the earliest days of the republic, charitable giving was an integral part of American culture. That impulse to join together and contribute to the well-being of society is alive and well today. Over 95% of all U.S. households give to charity. In 2013 Americans gave $335 billion, close to an all-time high.
This week on WEALTHTRACK we take a look at how the world of charitable giving is changing. Two heads of leading philanthropies, Jed Bernstein of Lincoln Center and Jack Lund of the YMCA of Greater New York discuss how organizations are adapting to new societal needs and donor demands.