Friday, February 24, 2012

Charitable Donations: Blacks Outpace Whites

Charitable Donations: Blacks Outpace Whites

Reuters is reporting today on a study showing that African American donors give higher percentages of their incomes to charity than their white counterparts, with nearly two-thirds of black households make charitable donations, worth a total of about $11 billion a year. And it's not just a little more: that number means black donors turn over a full 25 percent more of their incomes than white donors annually, according to the W.K. Kellogg Foundation and Rockefeller Philanthropy Advisors research. The results have many wondering why more African Americans don't self-identify as philanthropists.

From Reuters:

But they don't see themselves as big players in the charitable arena, and that presents an image problem, say experts like Judy Belk, a senior vice president for Rockefeller Philanthropy Advisors.

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Charitable Donations: Blacks Outpace Whites
Jenée Desmond-Harris
Fri, 24 Feb 2012 17:45:00 GMT

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