What percentage of your gross income do you normally give to charity every year?

likefunny
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The more I have give, the more my bank account has benefited. For me, the more I trust God with my finances the more I benefit. Benefit isn’t exactly the right word but give and trust, you will see the positive results. Not forcing this upon anyone but this has been true to me and my beliefs.

likeuplifting

Love this! I sometimes forget that there are other people in this industry that hold similar values

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Muslims holding above a certain threshold of wealth are required to donate 2.5% of the cash value of their assets every year. I practice it and like it because it becomes a habit, it keeps me humble about the transience of my worldly possessions and I can see the impact it directly has on people (I usually try and give it directly to deserving families in third world countries)
On a monthly basis outside of that I don't have a set figure but I usually try and give about 5%

Have to say, very surprised by people's responses on this thread in the best way possible.

likeuplifting

Z4. Even if only the charitable replied I'm still surprised to see there were that many

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Around $300 or so a year, but I'm also only 25. At some point, I'd love to max out the employer match at Google ($7500/year), but realistically that would only happen after I've hit my savings targets.

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I am a first year analyst, I do $50 a month to a local non-profit that does provides housing/nutrition/youth services, I probably could do more but I am paying a lot for student loans rn

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5% but add 1% per year. we budget a “giving portfolio” at the beginning of the year breaking up that amount into different categories based on our personal values. We leave a dedicated amount to contribute to friends charity campaigns

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5-8% of gross, on the lower end after having kids. Childcare is expensive :(

Also give less time than I used to after the kids, but I find that I’m having higher impact. I now choose more carefully where I engage and am more productive when I do to justify to myself time I spend away from family.

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About 7%

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About $500 a year

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For now my donations are mostly in social security taxes and time volunteering. I also donate to Wikipedia regularly as I use it a lot and consider it a service charge. Once I’m financially independent in about 10 years (ie do not have to work and can live off of my investments for the rest of my life) my approach to giving might change.

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prescribe?

If I value my time like my clients then probably a good $50-$75k/year. We have a group which provides free meals, tutorial services etc... for the needy. Lot my weekends go volunteering there. Financially maybe less than 1%.

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5% to animal shelters and volunteer at one a couple hours a month

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Least is 5%, the most is 10% depending on year. And if you do your research (and since we are all consultants you should be good at that) there are many charities that are good causes and efficient.

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2.5%

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14-15%

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Does church count?

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I go to a mega-church. Cash or check not good enough anymore. They want regular transfers from your bank/ checking account. Remember... giving is an act of worship. What complete bs...

10%

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I give a little over 5% of after tax (43% effective tax rate so after tax matters) and always more than the previous year. Also time. Majority to church and church-affiliated charities that help the indigent here and globally. I like the latter because I know the charities - all v highly rated - and that the money is 95% going to help the beneficiaries.

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Dont really track it, but 5% of cash feels right. Dont feel like I have the time to volunteer, but do a lot of caring for and rehoming of, feral cats. In donations, I use various research sites like navigator and givewell to target worthy organizations, as well as to avoid funding religious organizations.

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1%

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12%, to organizations like the ACLU, PP, SPLC, etc.

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When I was a young consultant, I only gave to my church and even that was pretty insignificant. Almost embarrassingly small. About five years not my career, and at my wife’s urging, I began to contribute at a much greater rate. Through most of my last 20 years, I have given in excess of 10% of my after tax income. That includes church, environmental and social justice giving.

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I’m about 4-5% a year

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