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Automate your charitable giving

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Turns out when you automate your giving, putting money aside for charity, when you set a goal, the research says that you actually end up giving more, something like 32% more, and that's a big number.

In the US, the US in 2020 gave about $476 billion to charity, and $331 billion of that came from individuals.

So we're not talking about big companies, we're talking about foundations.

Talking about individuals, it's a huge number, but 32% more would mean an extra $100 billion a year.

So to me, that was said, okay, there really is value to be created here.

Like if organizations had $100 billion more a year to work with, there's a lot of good that they could do with that.

Please note that the information contained on this page is for educational purposes only and should not be considered tax advice. Any calculations are intended to be illustrative and do not reflect all of the potential complexities of individual tax returns. To assess your specific tax situation, please consult with a tax professional.

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