Friday, February 22, 2008
Poor Give More to Charity - National Business News - Portfolio.com
Poor Give More to Charity - National Business News - Portfolio.com: "Charitable giving is an American tradition. Surveys consistently find that between 65 and 85 percent of U.S. families make charitable donations each year, and we give away more than twice as much per capita as the citizens of even the most generous European nations. According to the Center on Philanthropy Panel Study, the average American family that gave to charity in 2002 donated $1,917. And contrary to what some might assume, this giving does not all—or even mostly—support houses of worship. The Giving U.S.A. Foundation reports that only about a third of individual gifts go toward religious causes; the rest are earmarked for secular concerns like education and health."