Affluent Investing Philanthropy Level of Charitable Giving Declines Level of Charitable Giving Declines |
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  The nation’s 13.1 million affluent households donated an average of 6% of their gross income to charitable causes in 2004, down two percentage points from the level of recent years. While those households gave away a smaller percentage of their income, they said they contributed as much as they could to charitable causes last year. Affluent households donated an average of $7,748 to charities in 2004. The most generous givers tended to be single ($10,165), 66 or older ($9,073) and male ($8,758). The least charitable were 18- to 45-year-olds ($5,793) and females ($6,881). Those households that made charitable donations in the past three years were most likely to support religious organizations (67%), followed by social service organizations (58%) and educational institutions (52%). Religious organizations were not only the most popular cause but also the biggest recipient of donations. Those organizations received 44% of all charitable contributions, far outdistancing social service organizations (20%) and educational institutions (13%). Discuss this article on the forums. (0 posts) 
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Poll - Green Investing
Groups That Rate Charities
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American Institute of Philanthropy publishes a “top-rated” link to many charities that have supplied documentation that at least 75% of their donations are used for charitable endeavors.
Charity Guide rates charities in terms of how many dollars it costs to raise $100. That is, what percentage of each dollar that makes it way to charity.
Charity Navigator rates 3,000 charities on a number of factors.
Give.org includes input from the Better Business Bureau Alliance. |
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