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Sunday, June 24, 2007

Boomers lag behind children, elders in charitable giving

Why don't affluent Baby Boomers give more money away?

We ask this question not to guilt-trip, as Boomer slang would put it, but because solving some urgent social problems hangs on the answer.

People between 51 and 64 donate less than three-fourths of one percent of their investment assets, on average -- significantly less than those either younger or older than them, according to New Tithing's analysis of 2003 IRS data.

These numbers gall us because we're Baby Boomers ourselves. We'd like to believe that as a generation, we are living up to our '60s ideals. How could we lag behind both the Gen-Xers and the WWII "Greatest Generation"?

"Why Don’t Affluent Baby Boomers Give More Money Away?"
Alternet

HT: The Worst Generation Ever

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