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Science Quickly

Less Well-Off Donate Bigger Income Percentage

Science Quickly

Scientific American

Science

4.2639 Ratings

🗓️ 13 October 2014

⏱️ 2 minutes

🧾️ Download transcript

Summary

Wealthier people on average gave a lower percentage to charity in 2012 than they did in 2006, while the less affluent increased their giving. Cynthia Graber reports   Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Understanding the human body is a team effort. That's where the Yachtel group comes in.

0:05.8

Researchers at Yachtolt have been delving into the secrets of probiotics for 90 years. Yacold also

0:11.5

partners with nature portfolio to advance gut microbiome science through the global grants for

0:16.6

gut health, an investigator-led research program. To learn more about Yachtold, visit yacolt.co.com.j, that's Y-A-K-U-L-T.

0:26.2

dot-C-O-J-P. When it comes to a guide for your gut, count on Yacult.

0:34.0

This is Scientific American 60-second science. I'm Cynthia Graber. Got a minute?

0:39.4

America's slowly crawling out of the Great Recession. On average, we're earning more.

0:43.8

Researchers wondered how the increased income affected charitable giving. So they dove into IRS data from 2006 and 2012.

0:51.0

They broke the data down by state, county, metropolitan area, and zip code. The results,

0:56.4

$180 billion philanthropic dollars in 2012, covered about 80% of individual donations to charity.

1:02.8

The investigators found that even though wealthier Americans, defined as those making more

1:06.9

than $200,000 a year, were making more in 2012 than they did in 2006. They actually

1:12.6

decreased their donations by an average of almost 5%. Middle and lower income Americans,

1:18.3

defined as people making less than $100,000 a year, increase their charitable giving by

1:23.4

almost the same nearly 5%. This increase came despite the fact that the group was earning less

1:28.8

on average than they had in 2006. The findings are in the Chronicle of Philanthropy. Even though the

1:34.5

wealthiest Americans have decreased their donations by percentage, they still gave more than

1:38.9

$4.5 billion more in 2012 than they did in 2006. That's because the wealthiest Americans captured nearly all

1:46.0

of the recession recovery. They're doing more than a trillion dollars better than they did six years

1:50.5

earlier, in a rare case of a rising tide lifting only some boats. Thanks for the minute. For

1:56.5

Scientific American 60 Second Science, I'm Cynthia Graber.

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