New Chronicle of Philanthropy study provides outstanding data on American generosity, one of my favorite subjects, as you know.
One blogger has summarized some of the key findings this way:
1. The rich aren’t richly generous. Says the Chronicle, “Middle-class Americans give a far bigger share of their discretionary income to charities than the rich. Households that earn $50,000 to $75,000 give an average of 7.6 percent of their discretionary income to charity, compared with an average of 4.2 percent for people who make $100,000 or more. In the Washington metropolitan area, for example, low- and middle-income communities like Suitland, Md., and Capitol Heights, Md., donate a much bigger share of discretionary income than do wealthier communities like Bethesda, Md., and McLean, Va.”
2. You need to know the stories to care. Rich people who live around rich >>>>> Read Entire Post
Published on August 24, 2012 08:42