Question of the Day [Black History Month]: How much money do Black Americans give in charitable donations annually?
Answer: Over $11 billion a year
Questions:
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Have you ever donated before? What causes are you most interested in supporting?
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How might your own family history and tradition impact your giving in the future?
- How might learning about the experiences and traditions of others impact your own spending/giving?
Behind the numbers (Forbes):
Though research is limited in this area, it also states “nearly two-thirds of African-American households donated to organizations and causes, totaling $11 billion each year." Black Americans are one the most giving groups of people in the country. Charitable contributions from the Black community have been "well-noted and consistent for generations, with 'tithing' being an intricate part of black giving and the values of community and mutuality embedded in African traditional values carried over by enslaved Africans."
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Want to watch NGPF's latest Speaker Series highlighting Black personal finance content creators? Click here.
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About the Author
Mason Butts
After graduating from UCLA with a Master's in Education, Mason spent 5 years as a science educator in a South Los Angeles public high school. He is committed to supporting the holistic growth of all students and empowering them to live a life of relational, academic, and financial success. Now settled in the Bay Area, Mason enjoys facilitating professional developments and partnering with educators as they prepare students for a bright financial future. When Mason is not building curriculum or planning a training, he can be found cycling, trying new foods, and exploring the outdoors.
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