Despite inflation, the French remain generous toward charities and foundations

The French public’s support for nonprofit organizations and foundations remains strong, even during times of inflation. This is according to the fifth edition of the Solidarity Barometer, conducted by Ipsos for the Apprentis d’Auteuil Foundation. 

 

According to Etienne Mercier, director of the Opinion and Health Division at Ipsos, "the proportion of donors increased in 2023, despite the decline in purchasing power." In fact, 51% of French people report having made at least one donation last year, a slight increase of one percentage point compared to 2022.

 

This survey, which polled 1,000 adults representative of the French population and 500 people from households with annual net incomes exceeding 120,000 euros, highlights the generosity of the wealthiest donors. This group, which represents about 2% of tax households, reached a record high in 2023: 81% of them reported having made at least one donation, the highest proportion since the survey was launched in 2019.

Stéphane Dauge, director of communications and fundraising for Apprentis d'Auteuil, confirms this trend on the ground, while offering some nuance. "In 2023, the foundation lost few major donors. However, inflation has reduced the ability of smaller donors to express their generosity." 

 

"They continue to support our efforts, but some have been unable to make another contribution," he says. The average amount donated by the very wealthy to charitable organizations has also reached a record high since the barometer was first established. In 2023, they reported donating an average of 2,686 euros, compared to 2,372 euros in 2022. “This average annual donation exceeds by more than 9% the outpouring of generosity seen in the wake of the health crisis and the initial lockdowns,” notes Stéphane Dauge.

 

The tax benefits associated with bequests and donations also help motivate wealthy donors. According to statistics released in April by the tax authorities, 33,400 households subject to the IFI reported making donations to public interest organizations in 2023, representing a 6.6% increase in the number of donors compared to 2022. Last year, they donated a total of 208 million euros, up 7.8% year-over-year, representing an average donation of 6,200 euros per IFI-liable taxpayer who made a donation.

 

In conclusion, despite inflation and the loss of purchasing power, the French continue to provide financial support to nonprofit organizations and foundations. The wealthiest donors play a key role in sustaining this generosity, thanks in particular to the tax benefits associated with donations. Solidarity therefore remains a strong value in France, even in times of crisis.


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