How Much To Give

Determining how much to give to charity is a very personal choice. The only legal requirements for giving levels relate to private foundations, which are required by federal law to pay out annual grants totaling a minimum of five (5) percent of their assets.

Individual Giving Levels
The appropriate charitable giving amount will differ for every person. Deciding how much to give to charity can be influenced by many factors including your family situation, retirement goals, as well as your personal values and passions. A professional advisor can help you determine your appropriate charitable giving level. In addition, here are a few resources that may help you get started:

NewTithCalc Personal Giving Calculator
To receive a customized profile exploring giving levels that may be appropriate for you, try the “NewTitheCalc” personal giving calculator, developed by the Newtithing Group.

Newtithing Group
The Newtithing Group is a philanthropic research organization founded to encourage individuals and institutions to increase their charitable giving, by helping prospective donors determine their ability to give based on current income, investment assets and expenses.

Corporate Giving Levels
A company’s decision on how much to give to charity can be influenced by its annual profit levels, long-term strategic giving goals, business priorities, and a host of other factors. Some companies target a specific percentage of their pre-tax profits to donate to charity each year, others do not.