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Why the Rich Don’t Give to Charity

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If you scanned the press releases, or drove past the many university buildings, symphony halls, institutes, and stadiums named for their benefactors, or for that matter read the histories of grand giving by the Rockefellers, Carnegies, Stanfords, and Dukes, you would be forgiven for thinking that the story of charity in this country is a story of epic generosity on the part of the American rich.

One of the most surprising, and perhaps confounding, facts of charity in America is that the people who can least afford to give are the ones who donate the greatest percentage of their income.

Last year, Paul Piff, a psychologist at UC Berkeley, published research that correlated wealth with an increase in unethical behavior: “While having money doesn’t necessarily make anybody anything,” Piff later told New York magazine, “The rich are way more likely to prioritize their own self-interests above the interests of other people.” They are, he continued, “More likely to exhibit characteristics that we would stereotypically associate with, say, assholes.” Colorful statements aside, Piff’s research on the giving habits of different social classes-while not directly refuting the asshole theory-suggests that other, more complex factors are at work.

Last year, not one of the top 50 individual charitable gifts went to a social-service organization or to a charity that principally serves the poor and the dispossessed.

The poor tend to give to religious organizations and social-service charities, while the wealthy prefer to support colleges and universities, arts organizations, and museums.

Underlying our charity system-and our tax code-is the premise that individuals will make better decisions regarding social investments than will our representative government.

There is much to admire in our approach to charity, such as the social capital that is built by individual participation and volunteerism.

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Article originally posted at www.theatlantic.com

Post Author: Meghan Rosen

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