Wednesday, July 01, 2009

Poor give more

Surprised?
The generosity of poor people isn't so much rare as rarely noticed, however. In fact, America's poor donate more, in percentage terms, than higher-income groups do, surveys of charitable giving show. What's more, their generosity declines less in hard times than the generosity of richer givers does.

"The lowest-income fifth (of the population) always give at more than their capacity," said Virginia Hodgkinson, former vice president for research at Independent Sector, a Washington-based association of major nonprofit agencies. "The next two-fifths give at capacity, and those above that are capable of giving two or three times more than they give."

Indeed, the U.S. Bureau of Labor Statistics' latest survey of consumer expenditure found that the poorest fifth of America's households contributed an average of 4.3 percent of their incomes to charitable organizations in 2007. The richest fifth gave at less than half that rate, 2.1 percent.

[...] "As a rule, people who have money don't know people in need," said Tanya Davis, 40, a laid-off security guard and single mother.
To paraphrase George Bernard Shaw, wealth is wasted on the rich.

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1 Comments:

Anonymous Anonymous said...

If we don't help each other, no one else will.

7/02/2009 09:14:00 PM  

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