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Why Americans Give More Than You Think It is more blessed to give than to receive Holy Bible Acts 2035 This passage is a spoken proverb from the Jewish profit Jesus who facilitated philanthropy Philanthropy comes from the Greek form philanthr pos philo- which translates to humane or benevolent anthr pos which translates to man mankind Tomsed 1 In American culture our civilization is bombarded and pressured to squander vast retail and services The tradition of business marketing stresses the gluttony for goods and services Furthering humanities perceived illusion of a narcissistic and un-philanthropic corporation Are Americans philanthropists 70 percent of Americans give to philanthropy And 555 percent of Americans volunteer for philanthropy purposes Grites 5 This information explicitly defines Americans do contribute resources to philanthropy for several motives Americans are philanthropic for economical sociological and ecclesiastical reasons Where a nation vividly depicted and perceived as rapacious patrons are striving for harmony First economically America is the wealthiest realm in the world boasting a consumer based economy So why is philanthropy practiced in our culture The answer is complex but evidently transparent Americans give because of taxes direct exchange and a warm glow How can taxes encourage philanthropy behavior Taxpayers in the USA who itemize their deductions can deduct their charitable giving from their taxable income Grites 10 Articulating Americans can deduct money on their taxes from a charitable giving For example hypothetically if someone contributes one hundred dollars to a charity and they were in the 30 percent tax bracket the real donation would be seventy dollars because they wrote off or itemized thirty dollars in their income taxes Subsequently Americans donate for direct exchange For instance a philanthropist could give a large sum of wealth to a college The donor may assume a building will be named after them Perhaps people may be influenced to elect the donator to serve on their institutions board of directors Thirdly economists propose Americans donate
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