Thats right… our friends over at Dutiee figured out how you and I can give more than Bill Gates and Warren Buffet combined. Keep reading to see how we can make that happen…
GiveForward.com declared 4th May every year as World Give Day]
We were asked to comment on the statement “Small scale donors are the backbone of philanthropy” for our #GiveDay post.
We began searching for facts and figures, data to prove that individuals indeed are the backbone of philanthropy. And we found this excellent paper by researchers at the Sanford School of Public Policy at Duke University.
Research data shows that, in the year 2008, the top 400 foundations and 60 high net worth individuals collectively donated $32.8 billion to charity.
Surprisingly however (or not?) individual donations in the same year amounted to $274.9 billion!
In other words, you and I and our friends, when we get together with our small donations, we actually end up pumping more money towards charitable causes than individuals and corporations who pledge millions or even billions of dollars to charity each year.
So if you have been giving to causes you care about, and have been told many times that your small contribution will never make a dent, you now have research to back you up. Congratulations! And happy World Give Day!