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Expand chart
Reproduced from Benevity; Chart: Axios Visuals

What a difference a year makes. 2020 was a banner one for corporate philanthropy — 2021 not so much.

Driving the news: Companies are experiencing "fatigue," according to Sona Khosla, chief impact officer at Benevity, a platform for corporate giving that works with companies such as Apple, Nike and Microsoft.

Why it matters: The spirit of generosity is globally alive and well, Giving Tuesday CEO Asha Curran tells Axios' Mike Allen in an interview to celebrate this year's big day. (Curran started the #givingtuesday trend on the first Tuesday after Thanksgiving in 2012.)

  • Corporations, however, have had fewer reasons to beef up donations in 2021 — beyond, of course, their record profits.

By the numbers: The aggregate amount of money donated through Benevity includes both contributions from employees and contributions directly from the employer. Add the two together, and the combined amount, on a per-active-donor basis, is currently at $980. That's 17% below the $1,178 that was seen at this point in 2020 — and is even running shy of 2019 amounts.

Flashback: 2020 saw not only the COVID-19 emergency but also a broad-based social-justice movement. At the peak in June of that year, more than 50% of donation dollars went to social causes, up from a normal level of about 5%.

Beyond the numbers: Generosity is about more than money. Curran tells Mike that she believes in "approaching generosity through the lens of mutuality and solidarity and recognition of our shared humanity, rather than as a divisive definition between people who have and people who don't."

  • "Thinking about generosity through a more radical lens is really about how we're all in this together. And I think we really are seeing that play out from a grassroots level this pandemic year more than ever."

Go deeper

Clinton Foundation donations plummet 75%

Chelsea, Hillary and Bill Clinton appear at the 2018 Clinton Global Initiative conference, staged by the Clinton Foundation. Photo: Joshua Lott/Getty Images

Donations to the Clinton Foundation plummeted to $16 million last year, down nearly 75% from the organization's peak when former secretary of State Hillary Rodham Clinton was running for president, records reviewed by Axios show.

Why it matters: The foundation was a financial juggernaut in the years after Bill Clinton served as president and while his wife led her own political career. In the time since, COVID-19 shuttered the sort of public events that had driven millions to the group — although Clinton loyalists expect increased donations this year.

Updated 8 hours ago - Energy & Environment

Bomb cyclone prompts blizzard warnings from Virginia to Maine

Computer model projection showing the intense storm off of Cape Cod on Jan 29, 2022, with heavy snow and strong winds lashing the coastline. (Weatherbell.com)

Blizzard warnings are in effect for 11 million people from coastal Virginia to eastern Maine as a historic winter storm is set to slam the Mid-Atlantic and Northeast beginning Friday.

Why it matters: The storm will bring hazards ranging from zero visibility amid hurricane force wind gusts and heavy snow, to coastal flooding that will erode vulnerable beaches and threaten property from the Jersey shore to coastal Massachusetts.

Updated 9 hours ago - Politics & Policy

Omicron dashboard

Illustration: Shoshana Gordon/Axios

  1. Health: Contact tracing fizzles across America — New clues emerge on long COVID — Omicron is finally burning out — It's very difficult to get access to antiviral COVID treatments — Axios-Ipsos poll: Omicron's big numbersAnother wave of death — FDA limits use of Regeneron and Lilly antibody treatments.
  2. Vaccines: Pfizer begins clinical trial for Omicron-specific vaccine — The shifting definition of fully vaccinated.
  3. Politics: Virginia AG says public colleges can't mandate COVID vaccines —Alaska governor joins Texas lawsuit over National Guard vaccine mandate — Navy discharges 45 sailors for refusing vaccine — Spotify to remove Neil Young's music after his Joe Rogan ultimatum — White House: 60M households have ordered free COVID-19 rapid tests.
  4. World: U.K. to lift travel testing requirement for fully vaccinated — Beijing Olympic Committee lowers testing threshold ahead of Games.
  5. Variant tracker