The names of wealthy Americans are often found on the list of generous people from around the world. Studies have also found that Americans who have money are more likely to make giving a priority than those from other nations. Despite those findings, research has shown has most people who make more than $200,000 a year only give an average of 2.8% of their income to charity. When a private agency involved with charitable giving issues did more research they found several other interesting factors that impact a person’s giving. They found 82% of wealthy families believed having more money meant a greater obligation to give. At the same time, those people wanted to be sure that their level of wealth could continue to support their lifestyle and their family. Most also indicated they gave more when the markets were doing better. The third factor related to giving was unexpected. Researchers found that those who had an increased ability to give said it was important to be motivated by a cause. When they cared about a particular issue, they were more willing to sacrifice to support it. While having money helped in the decision to give, wealthy people said a passion for the cause made a big difference.—Jim L. Wilson and Jim Sandell
Three Reasons US Rich Don't Give More to Charity, By Robert Frank, http://www.cnbc.com/id/100543099, Accessed March 11, 2103.
Matthew 6:1-4 (ESV) (1) “Beware of practicing your righteousness before other people in order to be seen by them, for then you will have no reward from your Father who is in heaven. (2) “Thus, when you give to the needy, sound no trumpet before you, as the hypocrites do in the synagogues and in the streets, that they may be praised by others. Truly, I say to you, they have received their reward. (3) But when you give to the needy, do not let your left hand know what your right hand is doing, (4) so that your giving may be in secret. And your Father who sees in secret will reward you.