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Charities Get Last-Minute Boost From Donors

( Jessica Dickler/CNN-Money)
Chalk it up to the holiday spirit — or just smart tax planning — but charitable giving is looking up this month.

Giving in December is already up 15% from 2010, according to the latest tally by Network for Good, a site that enables donors to contribute to more than 10,000 charities across the country. In November, donations rose 20% over the same month last year.

“This year looks a little better, but not back to pre-recession levels yet,” said Katya Andresen, Network for Good’s chief strategy officer.

But the best is yet to come. While one-third of all online giving for the year occurs in December, a whopping 22% happens in the last two days of the year, according to Network for Good’s online giving study. That end-of-year rush can mainly be attributed to donors looking for some last-minute tax savings.

“It’s traditional to think about charity in December and of course, it’s the end of the tax year,” Andresen said.  (Read the full story at CNN/Money)

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