Poorer and middle-class Americans are more likely to donate than are the wealthiest people in the country, according to a report released Monday by The Chronicle of Philanthropy. Americans give an average of about 3 percent of their income to charity, according to the study.
Who is most likely to donate to charity?
Men between the ages of 18 and 34 are more likely to make a charitable donation than any other group. 60% of millennials donate an average of $481 to nonprofits each year. Nearly three out of four young adults are willing to raise money on behalf of an organization that matters to them.
Who is the most generous billionaire?
Bill Gates and Warren Buffett have given tens of billions of dollars away to charity — admirable, to say the least. But both Gates and Buffett have also managed to hang onto more than $100 billion each. George Soros, on the other hand, is one of the rare lopsided billionaires who has given away more than he has kept.
What is the biggest donation ever?
These biggest donors gave away $16 billion in 2019. Jeff Bezos pledged $10 billion to combat climate change through the Bezos Earth Fund, one of the largest charitable commitments ever. MacKenzie Scott, Bezos’s ex-wife, donated almost $5 billion to hundreds of nonprofits.