And if it be responded that
Americans give money to charities because it's advantageous to do so for income tax purposes, well, let's be grateful that, in affording full deductibility to charitable giving, the tax code got something right.
Not exact matches
Overall,
Americans give hundreds of billions of dollars of their own
money every year
to universities, research institutions, clinics, private schools, churches, and thousands of private
charities (both local and international).
A recent NPR: Planet
Money episode attempts
to explain the disappointing show of support from ordinary people, namely: it's too far away in West Africa for some North
Americans to relate
to; there's been no big cataclysmic event
to catapult people into action (Ebola has seen a slow and steady rise); and, there's no one single Ebola
charity people can turn
to when they feel compelled
to give.
His bank has made a tremendous amount of
money through high fees charged
to poor
Americans but T. Denny Sanford, CEO of First Premier is
giving most of it back
to children's
charities.