Planning for Life

How Much Should You Give to Charity? When? Which Charities?

Posted by Harry S. Margolis on February 5, 2019

By Harry S. Margolis

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How much should any of us give to charity? When? Which charities?

I raise these questions being troubled by my own charitable giving. In large part, I engage in random acts of charitable giving with no thought out plan. Instead, I respond to solicitations, making gifts on how I feel about the organization and how flush I feel at the time. My feelings about each group may be influenced by important factors, including:

  • Personal connection.
  • My sense of how effective the group is in its mission.
  • The need of the people helped by the organization.
  • Whether my donation will have a significant impact.
  • Whether my donation will be noticed, in other words will people in my community see my name on the list of donors.
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Topics: charitable giving

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