“Tithing Is Growing Up,” Say Financial Advisers
January 12, 2007 | Read Time: 1 minute
The traditional idea of religious tithing is becoming more sophisticated, with some donors and churches now using financial advisers and online transactions, reports The New York Times.
The collection plate is being superseded by technology, as religious institutions set up automatic tithes from congregation members’ bank accounts and donors begin earmarking their money for certain purposes. Some advisers use online questionnaires to determine how much a donor should give, instead of using the Old Testament figure of 10 percent of income.
“They are treating tithing to the church in the same way as their financial investments,” said Eric Kessler, founding principal of Arabella Philanthropic Investment Advisors.
