Minorities Are More Generous Than Whites, Study Finds
January 13, 2012 | Read Time: 1 minute
Blacks, Hispanics, and other minorities give larger shares of their income than whites, a new study finds. Most of the donations go to organizations and causes that affect members of the same minority group.
According to the report, almost two-thirds of black households make charitable donations, giving 25 percent more of their income than whites. About $11-billion comes from black donors; education groups got the biggest share of their donations. The study also found that 63 percent of Latino households donate to charities. The report, by the W.K. Kellogg Foundation, was compiled from data on 1,500 donors supplied by 34 foundation grantees that aid minorities.
With data provided by Rockefeller Philanthropy Advisors, in New York, the report also examined community foundations and charities that devote their money and work to aiding specific minority groups and causes. Of the 355 funds included in the analysis, a third were established in the 1990s. Rockefeller Philanthropy Advisors estimates those organizations collect and distribute about $400-million a year.