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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 09-25-2021, 03:05 AM   #81
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Originally Posted by Sunset View Post
But you can know.

There are websites that rate very carefully LOTS of charities, and if a charity is not rated, I have to think its because they are pocketing the money. ... https://www.charitynavigator.org/
Please consider thinking again. : )

Charity Navigator has criteria for which charities get rated.
https://www.charitynavigator.org/ind...t.view&cpid=32

Just because a charity is not rated doesn't imply they are unworthy. It may just be small or relatively new. No rating at all is NOT the same as a bad rating.

From this web site:
Currently, there are over 1.57 million nonprofits registered in the U.S. This website includes a listing for each and every one of them, but Charity Navigator's analysts only apply our objective rating methodology to a subset of those nonprofits. We use the following guidelines for choosing which charities to rate:

Tax Status: The organization must be registered as a 501(c) (3) public charity and file a Form 990.

Revenue: The charity must have generated at least $1 million in revenue for two consecutive years.

Length of Operations: The organization must have been in existence, with corresponding Forms 990, for at least seven years.

Location: While we only rate charities based in the U.S. and registered with the IRS, the scope of a charity's work can be international. In fact, we rate more than a thousand charities that have an international aspect to their work.

Public Support: The charity must have at least $500,000 in public support. Public support must account for at least 40% of total revenue for at least two consecutive years.

Fundraising Expenses: The charity must have at least 1% of its expenses allocated to fundraising for three consecutive years.

Administrative Expenses: The charity must have at least 1% of its expenses allocated to administrative expense for three consecutive years.

NOTE: While we strive to rate all types of charities so that donors with different types of philanthropic passions can find a charity to support, we've determined that we cannot evaluate certain types of charities. Therefore, we are no longer adding ratings for:

Land Trusts
Hospitals and Hospital Foundations
Universities, Colleges, Private Elementary and Secondary Schools, and their Foundations
Sorority and Fraternity Foundations
Donor Advised Funds
Charities with CN Advisories
Fiscal Sponsors
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Old 09-25-2021, 05:14 AM   #82
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Originally Posted by ArmchairMillionaire23 View Post
<snip>But since we are contributing over 50% of our (pre-tax) income to our retirement plans, what we can give to St. Jude's (after our modest living expenses and Uncle Sam's taxes - I'm not bitching, Gumby, we're in the 12% bracket and grateful to be there!) comes out to just under 1% of our gross income for the year. So that's why I voted <1% in the poll.

We do plan on giving more as we get closer and into retirement.
I retired 7 years ago and am probably giving more to charity on an inflation-adjusted basis now than I did then. The market has been good, my WD rate is sustainable and with DH's death 5 years ago, the scary scenario of one of us in LTC (he was 15 years older) and one in the home is no longer a consideration. It does make a difference to have many of the uncertainties of retirement resolved.
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Old 09-25-2021, 08:50 AM   #83
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I canít believe there are people who consider charity when they are giving to family
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Old 09-25-2021, 09:04 AM   #84
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Originally Posted by Rainbowdash View Post
I canít believe there are people who consider charity when they are giving to family

If people are able to do both, why not? There will always be people in need of food, healthcare and shelter that are provided by the generosity of others.
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Old 09-25-2021, 09:49 AM   #85
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I canít believe there are people who consider charity when they are giving to family
I dunno. I see some possibilities in the concept. So I could keep good records of the cost of raising my children - rent, food, clothing. etc. At the end of the their childhood, I present them with a bill for all those costs. But then, as a charitable contribution, I forgive the debt, maybe some every year. Boom! Instant tax deduction. Of course, I'd probably need them to incorporate themselves as a 501(c)(3) organization. But you can see the opportunity.
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Old 09-25-2021, 09:59 AM   #86
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I dunno. I see some possibilities in the concept. So I could keep good records of the cost of raising my children - rent, food, clothing. etc. At the end of the their childhood, I present them with a bill for all those costs. But then, as a charitable contribution, I forgive the debt, maybe some every year. Boom! Instant tax deduction. Of course, I'd probably need them to incorporate themselves as a 501(c)(3) organization. But you can see the opportunity.

Enjoy the IRS audits!
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Old 09-25-2021, 10:01 AM   #87
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I canít believe there are people who consider charity when they are giving to family
"Charity Begins At Home" Seriously, if a family member gives me money or whatever and calls it charity, I would be pissed because I don't want charity.
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Old 09-25-2021, 11:08 AM   #88
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We believe that giving, whether to family or to charities is somewhat like faith.

The very last thing we like is someone wearing their faith on their sleeve or bragging about their giving.

Our view is that it is very personal . We keep very much to ourselves.

On those occasions when we have given money to relatives there has always been only one proviso. That the person keep our gift confidential and not disclose it to anyone.
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Old 09-25-2021, 10:05 PM   #89
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I can’t believe there are people who consider charity when they are giving to family
I can't believe there are people who consider charity when they are giving to their church.
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Old 09-25-2021, 10:55 PM   #90
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"Charity Begins At Home" Seriously, if a family member gives me money or whatever and calls it charity, I would be pissed because I don't want charity.
So all those people that accept money/services/food from the charities that you give money to, are really accepting some money from you and people like you, after charity expenses, and you call it charity.

Does this mean you are pissing off the people you indirectly give charity to through your donations
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