A recent analysis of IRS data from 2006 to 2012 by the Chronicle of Philanthropy found that New Yorkers gave 2.6 percent of our income to charity, an 8.8 percent decline during the six-year period.
The study also examined donor incomes. The wealthy, defined as those earning $200,000 or more (we know 200K might go a long way in Utah, but Manhattan?) reduced charitable giving by 4.6 percent. During the same time, Americans earning less than $100,000 spent 4.5 percent more of their incomes on philanthropy.
The data should be a taken as a challenge rather than a rebuke. For further inspiration, meet 20 of our generous neighbors under 40 years of age who are profiled here. Some, like our cover philanthropists, designer Zac Posen, actress Olivia Wilde, the Giants’ Eli Manning and the Knicks’ Carmelo Anthony, are familiar faces who leverage their fame to benefit society; others, such as Jason Franklin and Alexandre Mars, work behind the scenes to make it easier for philanthropists to give away more. For Michael Quattrone, John D. Rockefeller’s progeny, supporting charity is an old family tradition; while Michelle Javian conceived her innovative nonprofit to comfort the families of cardiac patients after witnessing her father’s ultimately fatal battle with heart disease.
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