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View Poll Results: How much do you give to charity each year?
Less than 1% 55 30.90%
1 - 3% 25 14.04%
3 - 5% 16 8.99%
5 - 7% 11 6.18%
7 - 10% 21 11.80%
10% or more 50 28.09%
Voters: 178. You may not vote on this poll

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Old 09-19-2021, 05:45 PM   #41
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Originally Posted by brett View Post
Mostly to our local food bank on a quarterly basis.

We review our giving and decided to support those with the highest efficiency and no longer support those than had extremely high overheads or admins.
I gravitate to local charities where I know the people involved and have confidence in their stewardship of my donations. I used to support one domestic violence shelter that was run by a friend but they canned her and got someone younger and more photogenic and their fund-raisers went from simple dinners with an auction to Kentucky Derby-watching parties and Casino nights. I had two concurrent pledges running $X,000/year for 5 years, one made 2 or 3 years after the other. and when I e-mailed at one point and asked what I owed on both there was no response. I quit paying, There was still no response. I could see they were looking for rich young matrons as donors, not Grandmas who mowed their own lawns.

Their loss. Plenty of other good causes out there.
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Old 09-19-2021, 06:03 PM   #42
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OOOps, I misunderstood the poll. I thought the question was % of net worth,, not annual spend..... So, I marked <1% but in reality it should be >10% (of annual spend - in fact: MUCH >>> 10%).....

My ratio varies from year to year, because I do not make pledges for periodic donations. It is usually around 10% of spending.

Because my spending is way less than 2% of net worth, 10% of my spending is less than 0.2% of my net worth, and I feel like a grinch sometimes.

I don't go to church, so donate to charities. I know people whom I trust, and they know and vet monks and nuns in organizations who do direct charity work in 3rd world countries. I send money to these friends and relatives to pass on to these organizations.

No tax deduction for these donations, as they are not registered in the US. I don't itemize on my tax return anyway.


Quote:
Originally Posted by brett View Post
Mostly to our local food bank on a quarterly basis.

We review our giving and decided to support those with the highest efficiency and no longer support those than had extremely high overheads or admins.

When we see 50-65 percent of our giving goes to salaries, admin, and fundraising we stop giving to the organization. We want our money to count and to end up where we want it to go.

For domestic charity, I donate the most to our local food bank, St. Mary's Food Bank, who is rated at 95% efficiency.
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Old 09-19-2021, 06:30 PM   #43
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I know some people believe that they get taxed enough to help the less fortunate, support the arts. etc. that it's enough.
That's me.
No deduction, no donation.
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Old 09-19-2021, 06:54 PM   #44
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I haven't been able to itemize deductions for decades, but my charity continues to increase as does my wealth.

Taxes have nothing to do with it.
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Old 09-19-2021, 06:56 PM   #45
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I haven't been able to itemize deductions for decades, but my charity continues to increase as does my wealth.

Taxes have nothing to do with it.
+1
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Old 09-19-2021, 07:02 PM   #46
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I haven't been able to itemize deductions for decades, but my charity continues to increase as does my wealth.

Taxes have nothing to do with it.

+2
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Old 09-19-2021, 07:07 PM   #47
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I haven't been able to itemize deductions for decades, but my charity continues to increase as does my wealth.

Taxes have nothing to do with it.
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Old 09-19-2021, 07:22 PM   #48
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We donate about 12% of income - any dividends or interest we receive or other forms of funds added to our total.
Church
Statewide food bank
Halfway house
Overnight lodging center for homeless
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Old 09-19-2021, 08:15 PM   #49
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These days, ZIP..... Unless you count the DD and a few non profits.


Big change in my POV just over the last year.
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Old 09-19-2021, 08:43 PM   #50
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For those of you who are in the low end of the poll, may I ask why if you want to volunteer your reasons? I know some people believe that they get taxed enough to help the less fortunate, support the arts. etc. that it's enough. I know that those on very limited budgets (e.g. SS only ) just don't have much to spare.
Your question comes across as trying to guilt others who don't give as much as you do to charities. At the end of the day, it is all a personal decision.

Many years ago, we gave to United Way every year. Then the dirt was exposed about how they hosted huge expensive dinners and trips to Fortune 500 CEOs and staff to get them to promote United Way to their companies. Never a dime to United Way again. Then there was Susan G Komen foundation, more dirt was dugged out. That went to hell for us as well.

Right now, we are very selective in where we make our donations. I don't see giving a particular percentage makes sense to us.
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Old 09-19-2021, 08:47 PM   #51
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Not sure what % of spending. I know our spending has changed a bit since I retired and I haven't been tracking it as well as I should. It was in the neighborhood of 10% before we retired, I think. We give to our church, a food bank, Little Sisters of the Poor, Fisher House, a medical clinic for uninsured people etc.
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Old 09-19-2021, 09:01 PM   #52
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I'm building my house. Some years my spending is very large. Some years quite small. Last year my giving was about the same as my spending not including the house and gifts to my kids. Some years the giving is closer to 10%. I averaged the last 8 years and it is over 10% of spending even with building costs so that is what I marked down.

My largest donations go the the Kids Camp down the road from where I live. They believe all kids should have an opportunity to attend camp and provide funds for those in need.
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Old 09-20-2021, 05:15 AM   #53
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Good to reflect on giving. Thinking about this past year, we've increased (doubled) our $ given to faith based organization with the additional disasters this year. But more fulfilling is the help of friends or older home-bound folks. We probably have 3-4 weeks of time either cooking meals, cookies, home projects (my biz) or cash for various things.

We're in the 10%+ on monies and probably 20-30% total time & $$.
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Old 09-20-2021, 05:45 AM   #54
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I haven't been able to itemize deductions for decades, but my charity continues to increase as does my wealth.

Taxes have nothing to do with it.
The way I see it also.
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Old 09-20-2021, 07:30 AM   #55
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Your question comes across as trying to guilt others who don't give as much as you do to charities. At the end of the day, it is all a personal decision.
I was trying VERY hard NOT to word my question so that it would be interpreted that way, including acknowledging some possible reasons (e.g. very lean budget).

I share your cynicism with the large organizations and donate only to one through my donor-advised fund. It's anonymous because I found they're too pushy about calling and asking for more. Must drive them crazy.
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Old 09-20-2021, 08:17 AM   #56
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Big change in my POV just over the last year.

Same for me. We give to our church and to local animal rescue. Uncle Sam takes more than enough for all the social programs, I refuse to contribute any additional for those.
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Old 09-20-2021, 10:09 AM   #57
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I give to the local church. Not enough God and the Bible in the world today.
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Old 09-20-2021, 10:19 AM   #58
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We have no heirs, and our selected nonprofits will get the bulk of our estate. Since we are also self insuring for LTC, our BTD will be governed by that so the odds are high that the estate will be significant.
For this reason we will be giving very little along the way.
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Old 09-20-2021, 10:32 AM   #59
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Your question comes across as trying to guilt others who don't give as much as you do to charities. At the end of the day, it is all a personal decision.

Many years ago, we gave to United Way every year. Then the dirt was exposed about how they hosted huge expensive dinners and trips to Fortune 500 CEOs and staff to get them to promote United Way to their companies. Never a dime to United Way again. Then there was Susan G Komen foundation, more dirt was dugged out. That went to hell for us as well.

Right now, we are very selective in where we make our donations. I don't see giving a particular percentage makes sense to us.

I don't know where got that from her statement. It's strange times because yes we all pay taxes and we know the government is not the most efficient way to help people directly. We also know that some charities are not very good stewards of our donated money.



I try to donate time and stay local when possible. The end result is that our giving is somewhat lower, but I'm always on the lookout for rock solid charities and have actually goggled some of the ones listed here.
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Old 09-20-2021, 10:41 AM   #60
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The question was basically " why do you give so little?" and it is all couched in the terms of others and how much they give. What is little or much is subjective.
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