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Australians are wonderfully generous 💞, and the not-for-profit sector benefits from it. According to McCridle's data of 2024, four in five Australians, or 84%, have given financially to charities or not-for-profits. It shows that there are over 59,000 registered charities that employ 1.42 million people and have an estimated 3.2 million volunteers in Australia. 75% of Australians give annually, and 24% give monthly. The interesting shift is from regular giving to spontaneous need-driven giving. This can be influenced by the fact that older generations prefer established charities while Gen Z favours start-up disrupters. Gen Y is the most neutral on giving to a start-up (44%) or an established charity (56%). If you would like to know how you can contribute to world change, contact us to discuss structured giving. #Philanthropy #CharitableGiving #charity #MelbourneAccountants

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