Stories by Stef W. Kight

Ranking countries by how much of their GDP is held by philanthropies

Reproduced from the Harvard Kennedy School's Hauser Institute for Civil Society at the Center for Public Leadership; Paula D. Johnson, et. al, 2018, "Global Philanthropy Report." Chart: Axios Visuals

The rise of DAFs: Tax breaks now, money for charity later

Data: National Philanthropic Trust; Chart: Axios Visuals

Billions of dollars are sitting in tax-free Donor-Advised Funds (DAFs) rather than going directly to charities, according to data from the National Philanthropic Trust.

What they are: A DAF "allows donors to make a charitable contribution, receive an immediate tax deduction and then recommend grants from the fund over time," the NPT explains.

The rise of Friendsgiving

Data: Evite and Google; Chart: Naema Ahmed/Axios

More than half a million people have been invited to a Friendsgiving party this year, and searches for Friendsgiving ideas have tripled since 2015, according to Evite and Google Trends data.

Why it matters: The traditional Thanksgiving celebration is changing. That reflects broader transformations across America: booming cities and social media, a growing foreign-born population, delayed marriage and family building, and young adults relying on "urban tribes" of friends instead of kin.