Did you see or hear of the new report published this week by the NewTithing Group, a philanthropic research organization based in San Francisco?
You can find the full report, based on IRS data research, at www.newtithing.org.
Here are a few of the findings:
- Working Americans who earn $50,000 to $100,000 annually are two to six times more generous with their investment earnings than Americans who make more than $10 million a year--this group donated more than 2.5 percent of their assets to charity, or six times the amount given by more wealthy workers.
- The least generous of all working Americans were taxpayers 35-years-old and under who made between $500,000 and $10 million annually--this group donated an average of 0.4 percent of their assets to charity.
- Wealthy Americans age 36 to 50 with income above $10 million made gifts equal to 1.54 percent of their assets or more than three times that of their younger peers.
- Wealthy single men gave 1.5 percent of their assets to charity, as compared to 1.1 percent by women in the same income class, though women contributed more in real dollars due to the fact that they were far wealthier than the men in this elite group.
Interesting analysis, huh?
When it comes to poverty, urban reconstruction and real opportunity creation, charity will always have an important role to play.
But, please, make no mistake about it, charity will never be enough.
Public values must be expressed in mandated public efforts to assist all of our neighbors to do better for themselves and their families.
It is time we woke up to the fact that if we seek real progress for the entire nation, we must be committed to move beyond charity to justice and real community development at the bottom. It is simply a matter of national will, pride and community commitment.