Good news for U.S. nonprofits looking forward to year-end gifts: Charitably inclined Americans have not reached the limits of their charitable giving this year.
According to a survey released Monday by the American Red Cross, 78% of those who gave to Hurricane Sandy relief efforts and 90% of contributors to political causes during the latest election cycle will not reduce their giving to nonprofits this holiday season.
Even so, fewer Americans plan to give to charity in 2012 than in 2011. The survey found that 52% of respondents planned to donate to charity this season, down from 57% the last two years.