Charitable Giving by Income/NW

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:150k/10M/1k

We’re paying off student loans and have twin babies so not giving much unfortunately


$10 million net worth with a $150,000 income? And you can only afford annual charitable giving that amounts to 0.01% of your net worth? Yeah, I’m calling BS all around.


Ever heard of family money and good investments? I’m not saying I can’t afford more but given our income, and the fact that 10M isn’t that much nowadays, I’m personally not comfortable with giving more.


Seriously, just stop. What a brat.


Maybe you should stop reading this thread if you’re that triggered.


Only fools would believe

Np


Oh you’re jealous, how sad. There’s always going to be people doing much better than you, believe it or not.


If you’re the “10M is not that much” poster, then I am doing better than you and I think you sound like a clueless brat.


If you’re doing better, you wouldn’t feel triggered enough to post. You’re just a jealous loser.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:150k/10M/1k

We’re paying off student loans and have twin babies so not giving much unfortunately


$10 million net worth with a $150,000 income? And you can only afford annual charitable giving that amounts to 0.01% of your net worth? Yeah, I’m calling BS all around.


Ever heard of family money and good investments? I’m not saying I can’t afford more but given our income, and the fact that 10M isn’t that much nowadays, I’m personally not comfortable with giving more.


Seriously, just stop. What a brat.


Maybe you should stop reading this thread if you’re that triggered.


Only fools would believe

Np


Oh you’re jealous, how sad. There’s always going to be people doing much better than you, believe it or not.


If you’re the “10M is not that much” poster, then I am doing better than you and I think you sound like a clueless brat.


If you’re doing better, you wouldn’t feel triggered enough to post. You’re just a jealous loser.


not PP but any adult who calls someone a loser is irrelevant. You don't have $10M and if you do, you personally did not earn it. No one with any sense of success would be so immature.
Anonymous
$1.2 mil/$3 mil/$22k (via donor advised fund). I'd like to inch closer to 30k over the next few years, we've just had a lot of short-term expenses recently because of a home reno.

Money goes to charities with causes we care about that have good ratings for little waste/effective outcomes. We also give an additional $6-8k in political donations during the midterms and presidential election years.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:150k/10M/1k

We’re paying off student loans and have twin babies so not giving much unfortunately


$10 million net worth with a $150,000 income? And you can only afford annual charitable giving that amounts to 0.01% of your net worth? Yeah, I’m calling BS all around.


Ever heard of family money and good investments? I’m not saying I can’t afford more but given our income, and the fact that 10M isn’t that much nowadays, I’m personally not comfortable with giving more.


Seriously, just stop. What a brat.


Maybe you should stop reading this thread if you’re that triggered.


Only fools would believe

Np


Oh you’re jealous, how sad. There’s always going to be people doing much better than you, believe it or not.


If you’re the “10M is not that much” poster, then I am doing better than you and I think you sound like a clueless brat.


If you’re doing better, you wouldn’t feel triggered enough to post. You’re just a jealous loser.


not PP but any adult who calls someone a loser is irrelevant. You don't have $10M and if you do, you personally did not earn it. No one with any sense of success would be so immature.


NP. You sound foolish. There are many immature, flat out dumb people with a lot of money. Who automatically equates money with intelligence or maturity?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:150k/10M/1k

We’re paying off student loans and have twin babies so not giving much unfortunately


$10 million net worth with a $150,000 income? And you can only afford annual charitable giving that amounts to 0.01% of your net worth? Yeah, I’m calling BS all around.


Ever heard of family money and good investments? I’m not saying I can’t afford more but given our income, and the fact that 10M isn’t that much nowadays, I’m personally not comfortable with giving more.


Seriously, just stop. What a brat.


Maybe you should stop reading this thread if you’re that triggered.


Only fools would believe

Np


Oh you’re jealous, how sad. There’s always going to be people doing much better than you, believe it or not.


If you’re the “10M is not that much” poster, then I am doing better than you and I think you sound like a clueless brat.


If you’re doing better, you wouldn’t feel triggered enough to post. You’re just a jealous loser.


not PP but any adult who calls someone a loser is irrelevant. You don't have $10M and if you do, you personally did not earn it. No one with any sense of success would be so immature.


That pp was a classic DCUM troll. I don’t even believe a word they said
Anonymous
This is a surprising post, we make 400K/yr, NW (house, 529s, retirement accounts, HYSA) is ~ 1.5 million, and I felt like DH was miserly with 12K in giving (10K to food bank, 2K to special needs charity. We probably give an extra 1-2K to church throughout the year, but that's not part of our year-end push). 4 kids.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:150k/10M/1k

We’re paying off student loans and have twin babies so not giving much unfortunately


$10 million net worth with a $150,000 income? And you can only afford annual charitable giving that amounts to 0.01% of your net worth? Yeah, I’m calling BS all around.


Ever heard of family money and good investments? I’m not saying I can’t afford more but given our income, and the fact that 10M isn’t that much nowadays, I’m personally not comfortable with giving more.


Seriously, just stop. What a brat.


Maybe you should stop reading this thread if you’re that triggered.


Only fools would believe

Np


Oh you’re jealous, how sad. There’s always going to be people doing much better than you, believe it or not.


If you’re the “10M is not that much” poster, then I am doing better than you and I think you sound like a clueless brat.


If you’re doing better, you wouldn’t feel triggered enough to post. You’re just a jealous loser.


not PP but any adult who calls someone a loser is irrelevant. You don't have $10M and if you do, you personally did not earn it. No one with any sense of success would be so immature.


NP. You sound foolish. There are many immature, flat out dumb people with a lot of money. Who automatically equates money with intelligence or maturity?


Uusally to amass 10M you need to have some level of education and social norms. PP is either a spoiled brat who inherited most of his money or a family business, or is some scum bag in whatever business they work.

Accumulating $10M usually requires a professional job like high finance, law or certain medical professions. Your average mid manager tech dbag isn't getting to $10M
Anonymous
To the $10M poster, you realize people think your head is in the clouds because even at 4.5% high yield savings a year, you’re earning 450k in just interest right? With a side income that high — most others give a lot more than what you do.

It’s your money though, so do what you want, but don’t come up with excuses that $10M isn’t worth that much when in reality you’re just being cheap.
Anonymous
$400k / Few Million NW / $40k

We aim to do 10% top line.
Anonymous
We are retirees with a high net worth. We give about $100k from our DAF, $150k from our retirement accounts and another $15k from regular accounts. Our kids and grandkids will be taken care of and I have no interest in the government getting it so we are giving it away.
Anonymous
I hate posts like this and here is why:

1. I can’t stand the posters who judge the amount some people give.

2. It doesn’t account for other ways a person gives.

3. It doesn’t account for where the donations are made.

If someone donates to the Am Cancer Society, is he just as charitable as someone who donates to his kid’s soccer team in lieu of having the kid sell wrapping paper and just as charitable as the person who donates money for something that many would consider stupid like preserving frozen, dead human heads to bring them back one day or for Scientology or for my pillow guy’s legal fees.
Anonymous
Our stats:

$200K/$1M/$9K
Anonymous
$300K, $800k, $500. We are paying for childcare and HHI was much lower until this year because DH’s career had been in the non profit sector. I want to give more but DH feels that the paycut he took to do public interest work counts as a significant charitable contribution.
Anonymous
$350K/$2M/$5K to $10K

We don't have a set number for charity. We give anytime someone we know is raising money for charity. We also give to any groups with which we have affiliation (kids' schools, kids' extracurriculars, dog shelter, etc).

I'm assuming everyone's answers exclude political donations? In election years we probably give another $5K to $10K for candidates we support.
Anonymous
$650k/$1.8MM/$45-50k. Mid-thirties.

We mostly give to church and our kids’ school. 529s are fully funded.
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