People over 60 are Vermont’s fastest growing demographic—a trend that brings both challenges and opportunities. Charitable giving can help older adults maintain independence, share their experience...
It's visible at the gas pump and the grocery checkout. In December 2021, the Consumer Price Index (CPI) jumped 7 percent, the largest 12-month increase since 1982. Moreover, inflation tends to hurt people at the bottom of the income ladder more than those at the top.
"There's an argument out there that in fact the rich and the poor face different inflation rates," notes one professor of economics. Donors and fundholders who want to lift vulnerable Vermonters up so they are better able to withstand the current bout of inflation—and others to come—can take action with targeted giving. Our new brief shares three recommendations.
IN THIS BRIEF, DISCOVER:
- What factors are contributing to the current inflation we are experiencing
- Three giving suggestions for donors and fundholders who want to help during this time of inflated consumer prices
- Additional resources to explore for deeper learning