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How much to give
  
Determining how much to give to charity is a 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 5 percent of their assets.


INDIVIDUAL
GIVING LEVELS
The appropriate charitable giving amount will be different for every person. Deciding how much to give to charity can be influenced by many factors beside your financial picture, including your family situation, retirement goals, and 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:

Newtithing Group
www.newtithing.org
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. The organization was founded by Claude Rosenberg, author of "Wealthy and Wise, How You and America Can Get the Most Out of Your Giving."

The One Percent Club
Minneapolis, MN
Phone: 612.455.5198
E-mail: luis.siojo@ppl-inc.org
Web: www.onepercentclub.org
The One Percent Club is a voluntary association of people of means in Minnesota who are committed to annually giving 1 percent or more of their net worth, or 5 percent of their income, whichever is greater, to the worthy cause(s) of their choice.

The Stages of Giving
by Kenneth N. Dayton
"Stages of Giving" tells the story of a lifetime of giving in the words of the late Ken Dayton. He and his wife, Judy, started out in 1945 giving $1,250, and their gifts to date total over $100 million. In this publication, Dayton shared his nine-stage giving process to help others learn how to move from what he called a minimal response to a creative and thoughtful maximum giving strategy. Read a summary of Dayton's nine stages of giving (PDF, 1 page). To order the full publication, use the Giving Resources Order Form.

     

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. Some companies try to give the same percentage of their pre-tax profits to charity each year, while others vary the percentage year by year.

One corporate giving guideline is offered by the Minnesota Keystone Program, a longstanding voluntary program that recognizes companies for giving 2 percent or more and 5 percent or more of their pre-tax earnings to charity.

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