Survey on Charity Suggests Americans Are Optimistic

January 19, 2011 at 7:34 PM Leave a comment

Americans are optimistic they can give more to charity in 2011, according the survey reported in the Philanthropy News Digest. The 5-day poll early this year by Dunham & Company finds “the number of households which say they plan to boost their giving increased 29 percent, while the number of households which said they are likely to reduce giving fell 48 percent.”

Professor Thaler, take note: Among the findings, the survey says nearly half consider the charitable tax deduction an important consideration when determining how much they give.

In fairness, we note that the study also finds that the deduction’s importance increases as household income increases. But the point holds that it’s not only the wealthy whose charitable instincts are encouraged by the deduction.

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Entry filed under: Economic Issues.

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News about philanthropy and the charitable instinct

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