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    • Charlotte Business Spotlight
    October 17.2025
    2 Minutes Read

    Transforming Charitable Giving: Why Fewer Americans Are Donating More

    Line graph showing declining charitable giving trends among U.S. households, 2014-2024.

    Shift in Charitable Giving: Who Is Making Big Moves?

    The landscape of charitable giving is shifting dramatically, particularly among affluent households in Charlotte and the broader United States. Recent findings reveal that while overall contributions from wealthy Americans have surged by more than 30% since 2015, the percentage of those households participating in giving has notably declined from 91% to 81%. This paradox raises pivotal questions about the future direction of philanthropy.

    Understanding the Motivations Behind Giving

    According to the Bank of America 2025 Study of Philanthropy, affluent donors are motivated primarily by personal values, with 68% citing alignment with their beliefs as a critical factor in their philanthropic choices. This suggests that the connection to a cause plays a central role in a donor's willingness to contribute. Such insights highlight the need for charities to engage potential donors more effectively by fostering relationships and improving personal connections with their missions.

    The Role of Volunteering in Philanthropy

    Interestingly, volunteering appears to be making a resurgence. The study noted a rebound in volunteering rates among affluent Americans, with participation rising to 43% in 2024 after a pandemic-induced dip. Volunteers consistently give 2.5 times more than non-volunteers, underscoring the strong link between active engagement and financial generosity.

    Strategic Philanthropy: New Trends Emerge

    Emerging patterns in charitable giving indicate that affluent households are increasingly adopting more strategic approaches to philanthropy. The use of giving vehicles, such as donor-advised funds, has grown significantly—18% of donations in 2024 originated from these sources. This shift not only reflects a desire for more efficient giving but also a trend toward goal-oriented philanthropy.

    Local Impacts: A Focus on Charlotte's Needs

    For residents of Charlotte, these findings signal a profound opportunity to leverage local connections in charitable endeavors. Affluent donors prioritize local initiatives, with significant investments directed towards basic needs organizations, religious services, and higher education. This reflects an ongoing commitment to enhancing life in the Charlotte area and offers local nonprofits a blueprint for attracting resources and support.

    Implications for Nonprofits

    As the charitable landscape changes, nonprofits must adapt by deepening relationships with potential supporters. Building awareness, asking for contributions, and demonstrating impact are essential strategies to attract funding. The message is clear: today’s affluent donors are looking for meaningful engagement and purposeful giving rather than mere transactional donations.

    Call to Action: Stay Connected with Charlotte News

    If you enjoyed this profound insight into the changing world of charitable giving, consider staying connected with local events and news. Join Charlotte Local Unplugged on Facebook and YouTube for exclusive local information and discussions about community improvement efforts in our city.

    Charlotte Business Spotlight

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    11.05.2025

    Doug Lebda's Tragic Death: A Deep Impact on Charlotte's Business Community

    Update A Heartfelt Loss for Charlotte: Remembering Doug LebdaThe recent shocking news of Doug Lebda's tragic death, CEO of LendingTree, has sent ripples through Charlotte's business community. As reports confirmed his passing due to an ATV accident at his Polk County farm, emotions ran high among colleagues, friends, and family mourning the loss of a visionary leader. The 911 call that followed his disappearance revealed a frantic environment as workers sought help for the CEO, who had gone missing during a routine outing with his Labradoodle.Lebda's entrepreneurial spirit was born out of necessity when he faced challenges obtaining a mortgage for his own home, leading him to launch LendingTree in 1996. This company, which revolutionized the loan shopping process, not only impacted consumer finance but also set the foundation for an entire industry. His contributions to the community extended beyond business, as Lebda was known for his generosity and willingness to give back, influencing many lives along the way.A Shockwaves of Influence in the Local Business CommunityHis passing has left a void in Charlotte's business landscape. Former Mayor Pat McCrory, who served on the board of LendingTree, highlighted Lebda's refusal to relocate the company's headquarters, emphasizing his commitment to Charlotte. His leadership style was characterized by innovation and an unyielding passion for problem-solving, with an aim to better the financial services sector.Following the news of his death, choirs of condolences echoed from business leaders and government figures, all of whom acknowledged how Lebda had touched and transformed lives. Scott Peyree, who has stepped into the role of CEO, described him as a mentor and friend, promising to continue Lebda's vision for LendingTree.The Ripple Effect of His LegacyLebda's journey was not just about building a successful company; it was about crafting a meaningful legacy. Amid the deep sorrow felt in the community, there are reflections on his innovation-driven approach and how he simplified financial processes for many families across America.Doug’s widow, Megan, articulated the sorrow felt by his family and the larger community, expressing gratitude for the outpouring of support. “Our hearts are broken, but we are also deeply grateful for the love and support that has poured in from across the world,” she remarked, underlining the profound impact her husband had on so many.Implications for Local BusinessesIn the wake of his untimely demise, local businesses may feel the rippling effects of his loss, as Lebda was a powerhouse of innovation and a source of inspiration. He was not only a prominent figure in North Carolina's entrepreneurial scene but also a lead player in the broader financial landscape. His company has been pivotal in how individuals approach loans, mortgages, and other financial products.Charlotte's Mourning and Moving ForwardAs Charlotte grapples with this loss, there's a collective sense of mourning and disbelief among its residents. Many remember Doug as more than a businessman; he was a family man, a community supporter, and a friend to many. Charlotte is left to honor his legacy through continued innovation, community engagement, and a commitment to uplift those around them. Doug Lebda will be remembered not just for the company he founded but for the lives he touched.If you enjoyed this story, why not stay connected? Join Charlotte Local Unplugged on Facebook and YouTube for exclusive local information.

    10.26.2025

    Major Urban Development Planned for SouthPark: What You Need to Know

    Update Exciting New Development Planned for SouthPark In a significant move for the SouthPark area of Charlotte, Texas-based real estate development company Hines has filed for a rezoning that could transform Carnegie Boulevard into a bustling hub of high-rise apartments, offices, and retail spaces. The site currently occupied by Rooster’s Wood-fired Kitchen is poised for development, signaling a shift towards higher-density and urban-style living in what many consider a suburban region. Transforming Urban Spaces in Suburban Settings The vision for this mixed-use project is part of an increasing trend in suburban Charlotte, where areas traditionally thought of as residential are becoming hotspots for urban-type developments. Adam Rhew, CEO of SouthPark Community Partners, emphasizes the importance of promoting high-density, walkable developments in the business district of SouthPark while maintaining a balance with neighborhoods of single-family homes. He asserts, "The full length of Carnegie Boulevard is evolving, showcasing its potential as a key urban street in SouthPark's dynamic landscape." The Vision for Carnegie Boulevard’s Future With plans allowing for buildings up to 275 feet tall—a structure potentially exceeding 20 stories—the proposal aims to blend residential offerings with accessible retail and office spaces. Paul Zarian, Hines’ managing director for North and South Carolina, remarked that this project seeks to enrich SouthPark's core, creating a walkable environment that encourages community interaction. Responding to Business and Residential Needs Just blocks away, redevelopment projects are already in motion, signaling a wave of urban renewal in the area. From a revamped Symphony Park to new office spaces for TowneBank, SouthPark is rapidly evolving to meet the needs of its growing population. The area’s combination of amenities and new housing options could well make it one of the most attractive neighborhoods in Charlotte. Confronting Challenges in Urban Development While excitement around the proposed plans grows, questions remain about the actual start of these much-anticipated projects. Rising interest rates and high office vacancy rates—hovering above 20 percent—could slow down the pace of development in Charlotte. Despite the bustling demand for residential units, developers and city planners will need to navigate these economic hurdles to realize their visions fully. Implications for Local Businesses and Residents As speculation surrounds the future of Rooster's and neighboring businesses, local stakeholders have noted that on-site operations have been aware of the potential changes for some time. Rob Aulebach, vice-chair of the SouthPark Association of Neighborhoods, emphasizes that the density of development in the city center aligns with the broader goals for SouthPark’s growth and modernization. Stay Connected to Charlotte's Development Scene With SouthPark's evolution underway, residents and visitors are encouraged to stay informed about upcoming changes and developments in their community. This new mixed-use project symbolizes a larger trend towards urban living that promises to redefine life in Charlotte for years to come. If you enjoyed this story, why not stay connected? Join Charlotte Local Unplugged on Facebook and YouTube for exclusive local information. @charlottelocalunplugged

    10.25.2025

    Charlotte's Office and Industrial Sectors Rebound: What It Means for the Community

    Update A Recovery Story: Charlotte's Office and Industrial Sectors In the latest figures revealed by CoStar Group, Charlotte's office and industrial real estate sectors have made impressive strides, experiencing their strongest performance in two years during the third quarter of 2025. This resurgence comes amid a challenging backdrop of higher interest rates, which have made financing new construction projects more complex. Despite the hurdles that have slowed apartment and retail developments, this uptick in industrial and office starts signals potential growth for Charlotte's urban landscape. Navigating Challenges in Current Economic Climate The ripple effects of the current economic climate are palpable. Businesses across the nation are grappling with inflation and supply chain disruptions, causing many to reassess their real estate strategies. Charlotte is not immune to these challenges, as evidenced by the lingering slow pace in apartment and retail developments. Yet, the rebound in the office and industrial sectors speaks volumes of the underlying strength of Charlotte's economy, which remains bolstered by a steady influx of businesses and residents seeking opportunities in the Queen City. Why Office and Industrial Projects Matter The resurgence in these sectors is crucial not just for developers but also for the broader Charlotte community. New office spaces are not merely physical structures; they are hubs for innovation, collaboration, and economic activity. The burgeoning industrial developments, especially those tied to logistics and e-commerce, are perfectly positioned to cater to the rapidly evolving demands of modern consumers. As companies continue to embrace technology and flexible work arrangements, the emphasis on well-located office spaces will only grow, shaping the future of work in Charlotte. Looking Ahead: Growth Trends and Predictions As we look forward, growth in Charlotte’s commercial real estate market appears promising. Projects planned for 2025, such as substantial office spaces and logistics parks near major transportation hubs, point towards a strategic positioning designed to capitalize on the city's expanding talent pool and economic expansion. According to industry insights from Fowler Property Advisors, these projects are set to address demand from logistics, technology, and life sciences sectors, affirming Charlotte’s status as a key player for businesses aiming for geographic and operational advantage. Community Impact and Local Engagement While the statistics paint a positive picture, it’s essential to recognize the broader community implications. Neighborhoods surrounding new developments will undergo transformations that extend beyond merely housing more businesses. Enhanced local economies, job creation, and improved transit options are just some of the expected outcomes. As community members, it’s vital that residents engage with these developments, voicing their perspectives on what future growth should look like and ensuring that it aligns with local character and needs. The dynamic developments in Charlotte's real estate sector reflect a responsive community that is progressively adapting to change. For those looking to stay informed and engaged in these significant transformations, consider joining Charlotte Local Unplugged on Facebook and YouTube for exclusive local information and discussions on urban development, community events, and essential insights.

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