Life
African-Americans most charitable group in the United States?
Black people are far more inclined to give back to the community compared with their white counterparts, according to new research by the W.K. Kellogg Foundation (WKKF).
The report, “Cultures of Giving: Energizing and Expanding Philanthropy by and for Communities of Colors,” shows a growing trend for communities of color to give at increasing rates and levels.
African-Americans, for instance, give away 25 percent more of their income per year than whites and 63 percent of Latino households now make charitable donations. People of color are also growing in size and their assets are increasing as well.
“Say the word ‘philanthropist,’ and most people envision wealthy white do-gooders writing large checks in millions” says WKKF CEO and President Sterling Speirn.
“In recent years, the definition of philanthropy has begun to broaden to include a larger swath of human generosity, with any-size contributions not just from the wealthy but from people of every income bracket,” he says.