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Friday, June 29, 2007

Americans are Very Charitable

Americans last year broke the previous 2005 record of giving (that was the year of the Katrina disaster and the tsunami in Asia).
From YNet:

About 65 percent of households with incomes less than $100,000 give to charity, the report showed.

"It tells you something about American culture that is unlike any other country," said Claire Gaudiani, a professor at NYU's Heyman Center for Philanthropy and author of "The Greater Good: How Philanthropy Drives the American Economy and Can Save Capitalism."

He said Americans give twice as much as the next most charitable country, according to a November 2006 comparison done by the Charities Aid Foundation. In philanthropic giving as a percentage of gross domestic product, the US ranked first at 1.7 percent. No 2 Britain gave 0.73 percent, while France, with a 0.14 percent rate, trailed such countries as South Africa, Singapore, Turkey and Germany.


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