American giving hit $617 billion in 2025 — and the Paul Allen effect exposes who’s really driving it
- Posted on June 26, 2026
- By Fortune
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- 1 min read
American giving hit $617 billion in 2025 — and the Paul Allen effect exposes who’s really driving it
A $3.1 billion bequest from the Microsoft co-founder's estate — paid out seven years after his death — helped push charitable bequests to $62 billion.