Holiday season is historically a season of giving [Video]

(InvestigateTV) — Giving USA reported that $557.16 billion was donated to charity in the U.S. in 2023, much of which was donated during the winter holidays.

Bank of America National Private Philanthropy Executive Erin Hogan said if you’re looking to make a difference and have an impact, it’s never too late to start and it doesn’t always have to be giving money.

“Certainly, giving financial contributions is an important part of it, but also donating your time and talents through volunteer efforts is equally important,” Hogan noted. “Certainly, the need is as great as it’s ever been.”

Hogan said there are close to two million nonprofits in this country alone, so options to contribute are abundant. She advises people to think about having a budget and a plan for how much and where to give.

“Starting with thinking about the things that are most important to you in terms of the issues,” she suggested. “So, …