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College and University Discussion
Reply to "Husband doesn’t want to donate to my alma mater"
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[quote=Anonymous][quote=Anonymous]If you want to donate, then donate an amount you both can agree on. However, [b]don’t expect your giving to move the needle too much, unless you will be a significant donor.[/b] Also, a lot can change in the next 4 years.[/quote] But it does. We have a century of data that shows that if you come from a family that has donated for generations your family is much more likely to produce a "big" donor despite no big difference in economic success between the legacy population and the non-legacy population. So if a non-legacy becomes a billionaire, they might donate a lot of money at the rate of x%, the multigenerational legacy billionaire donates at the rate of 5x% It just becomes an important philanthropy for your family.[/quote]
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