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Charity

Donating Old Clothing and Blog Roundup

by Luke Landes

It’s been a long time since I’ve gone through my clothing and eliminated items which are no longer appropriate for wear. For most of my life so far, my habit of keeping clothes for a long time — until recently, I still had a few items left from high school (1994) — was out of ... Continue reading this article…

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Foundations of the Rich and Athletic: What 10 Athletes Do With Their $30,000,000+ Annual Income

by Luke Landes

When you’re a world class professional athlete, you’re in high demand. When you’re the best, or nearly the best, at your particular skill in the developed world, the payoff can be huge. For example, right now, there is no one on this planet who can compare skills with Tiger Woods. Yes, every person in this ... Continue reading this article…

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Maimonides’ 8 Levels of Charity

by Luke Landes

In researching historical and religious views on charitable giving, I came across Maimonides’ hierarchy. He believed that there are 8 degrees of charity. These deal primarily with providing for the poor. Here are his 8 levels, from the highest to lowest. Do you agree with this assessment? How high are you on the list? Investing ... Continue reading this article…

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Doodling for Charity: Doodle Day, May 8 Through May 18

by Luke Landes

Doodle Day is more than just a day, it is the set of all days between May 8 and May 18 inclusive. The purpose of naming this period of time is to draw attention to neurofibromatosis (NF), a common neural disorder. May is NF Awareness month, and to participate in Doodle Day, some celebrities are ... Continue reading this article…

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A Case of Really Bad Timing

by Luke Landes

At the end of 2007, I contributed $5,000 to a Fidelity Charitable Gift Fund that I created for myself to distribute to non-profit organizations later, once I selected a cause to support. This was a case of really bad timing; since then my account’s value has dropped 6 percent. Suddenly, I have $300 less to donate ... Continue reading this article…

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More Children are Budding Philanthropists

by Luke Landes

I’ve had charity on my mind lately, and it seems to be affecting what I write about. During my normal reading, I came across a Washington Post article about what is apparently an increase in philanthropy among teenagers and younger children. Young children and teenagers across the nation are getting involved in philanthropy more than ... Continue reading this article…

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2007 Charitable Donations

by Sasha

There’s been some discussion on this site recently regarding disclosure of charitable donations. I can understand why some might wish to keep this information private but I’m not at all shy about telling you which organizations I choose to support. This year, I made donations to the following charities: * Oceana – The largest international ... Continue reading this article…

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Small-Time Philanthropy: The Charitable Gift Fund

by Luke Landes

Last week, I mentioned I met my goal for charitable giving for 2007. The modest goal, which I set for myself at the end of last year, was to provide $1,000 in support of an organization meaningful to me. This year, I decided to separate myself further from the organization I normally support, which also ... Continue reading this article…

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Holiday Gift Guide, Part 1: 3 Ways to Incorporate Charitable Giving

by Sasha

‘Tis the season to think about charitable giving, and there are some wonderful opportunities to do this while giving to your friends and loved ones. Whether it’s one of your favorite causes or one which aligns with the interests of the recipient, there are three simple ways to make a doubly-impactful gift this holiday season. ... Continue reading this article…

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3 Things You Need to Know Before Giving to Charity

by Luke Landes
3 Things You Need to Know Before Giving to Charity

This is a guest post from Steve, who writes about finance and life at Brip Blap. As the holiday season approaches, calls for donating to charity begin to multiply. Americans donate over $240 billion per year to various charities, and that’s simply in terms of money; the contributions in goods and services add even more ... Continue reading this article…

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Update: Financial Literacy Challenge Gaining Momentum

by Luke Landes

Thank you to everyone who has chosen to support the pfblogs.org Financial Literacy Challenge at DonorsChoose. Since my first post on Monday about raising funds for teachers who intend to bring money management and entrepreneurship lessons to the classroom, several projects have been completely funded by bloggers and readers. Our challenge has climbed to fifth ... Continue reading this article…

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pfblogs.org Financial Literacy Challenge at DonorsChoose

by Luke Landes

HC at One Big Mortarboard has organized a campaign to raise a total of $1,500 out of about $1,900 remaining to fully cover four projects focusing on bringing money management skills to the schools. Teachers have personally submitted these projects to DonorsChoose to find funding. One project, in which elementary school students will be provided ... Continue reading this article…

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Time Running Out for My 2007 Charity Goals

by Luke Landes

When I laid out my goals for 2007 at the end of last year, I set my sights on donating $1,000 to charity — $2,000 as a stretch goal — in addition to my normal volunteering efforts. Neither of these two options are going as well as I expected. I decided to sever ties with ... Continue reading this article…

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Money Magazine: 8 Smart Year-End Moves, Part 1

by Luke Landes

Money Magazine suggests eight money moves people should consider for the end of the year. Here are some thoughts. 1. Take your losses. Money suggests selling poor-performing stock to offset ordinary income for tax purposes. In my opinion, this depends on the stock. If the future does look bleak, go for it, but if there ... Continue reading this article…

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Bill Gates is Out! (How You Can Start a Foundation)

by Luke Landes

Microsoft announced today that Bill Gates will be leaving the company in July 2008 to concentrate on the Bill & Melinda Gates Foundation, which currently has $29.1 billion in assets. Have you ever considered starting your own foundation? According to the Washington Regional Association of Grantmakers, if you meet the following qualification, starting a foundation ... Continue reading this article…

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Punny Money To Blog For Cancer

by Luke Landes

Punny Money will be blogging for 24 hours straight in a marathon session starting tonight. His mom passed away of cancer some time ago, and this is the blogger’s way of paying tribute: All advertising, referral, and other revenue earned by Punny Money during the 24-hour marathon period will be donated to the Susan G. ... Continue reading this article…

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Increasing Charitable Contributions

by Luke Landes

I received a call from one of my favorite organizations the other day, and I decided to double my charitable contribution for the year. I’m still not giving enough to qualify for tax incentives, but that’s not my goal. I also give many hours of my time over the summer and fall, volunteering in various ... Continue reading this article…

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Ten Percent of Income Over One Hundred Thousand Dollars

by Luke Landes

Will you take this pledge? Can you assert that you will give 10 percent of your income over $100,000 to charity — any charity? This is what hundreds of people have done, and I’d imagine many more will, at ten over one hundred. We’re making this committment because we think it will help make the world ... Continue reading this article…

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Don’t Donate to Katrina Victims

by Luke Landes

You can file this in the “I never looked at it from that point of view” file. Charities are for suckers. The article argues it’s supposed to be the government’s job to support those less fortunate, as that is one of the purposes of collecting taxes, and shouldn’t be up to the collection of private ... Continue reading this article…

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Hurricane Katrina

by Luke Landes

While it’s impossible to truthfully claim that everything has been said about the disaster that was Hurricane Katrina, there certainly has been an incredible amount of discussion on and offline. Rather than repeating what surely everyone has heard by now, I’d rather just point any giving-minded readers towards what I think is the best starting ... Continue reading this article…

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