Doing Good: What 10 percent could do

This entry is part 3 of 5 in the series Doing Good
Chronicle of Philanthropy Stubborn 2 percent

Click this preview image to visit the Chronicle of Philanthropy and read the entire report.

NOTE FROM DR. WAYNE BAKER: This week, Gayle Campbell is exploring the ways we think we’re doing good. Here is the third of her five parts …

10% is the number we often hear in conversations on charitable giving. The origins of the figure date back to ancient times, when kings or rulers often mandated civilians pay a tenth of their goods or income to be offered as a sacrifice to the gods, or maintain the kingdom. In many religious traditions today, members are asked to “tithe,” or give back a tenth of their income to God.

On average, however, Americans generally give away just 2 percent of their disposable income, according to Giving USA, an annual report conducted by the Indiana University Lilly Family School of Philanthropy. That’s a sizeable difference from the 10% giving level often suggested by charities and churches.

So, what could change if more of us gave our money away?

Giving What We Can, the organization we covered yesterday, gives us one example: “If the average US citizen gave 10% of his or her income to the Against Malaria Foundation, then each year it could distribute 700 mosquito nets, preventing 190 cases of malaria and 2.2 deaths. This would amount to saving 90 lives over the course of his or her life.”

Mike Holmes, of TitheHacker.com, points out that if all Christians tithed 10%, there would be an additional $165 billion for churches to use and distribute, and over the course of five years, hunger, starvation and death from preventable disease could be relieved, illiteracy eliminated and the world’s water and sanitation crisis solved.

Curious what kind of difference you could make by giving 10%? Check out this calculator to see how many lives you could save by donating 10%.

We want to hear from you!
Do you prioritize charitable giving in your finances? What keeps you motivated?
Are you surprised to hear what the world could look like if everyone gave?

PLEASE TELL FRIENDS …

You know what to do! Use those blue-“f” Facebook icons and other social-media buttons to invite friends to read along with you this week!

Print Friendly, PDF & Email
Series Navigation<< Doing Good: Not all donations are created equalDoing Good: Why do the poor give more than the rich? >>
Comments: (0)
Categories: Uncategorized