Captioning sponsored by wpbt this is n. B. R. Susie good evening, everyone. Im susie gharib. Whether its time or money, philanthropy or helping others, its an investment, and americans gave more than 350 billion to charity last year. Tom good evening. Im tom hudson. From Everyday Americans to the nations richest people and companies, we look at what influences giving. Susie and we head to chicago to learn about social impact bonds funding nonprofits and letting american investors change the world with their decisions. Tom that and more tonight on a special edition here of n. B. R. Susie with the financi markets closed forresidents day, we bring you tonight an n. B. R. Special edition Conscious Capital. Its our look at philanthropic spending and investing in others. Americans gave more than 350 billion to nonprofits last year, and half of that came from the wealthiest americans. So, what influences their giving . Ruben ramirez gets some answers. Reporter its another Typical School day a
Talent and certainly your dollars to. Reporter people are still donating money, giving away at least 10 of their Household Income each year, according to the survey. And most of those expect to give at least the same amount next year. And its not just about getting the tax deduction. We see that taxes are very much a consideration in how folks might structure their giving and in the timing of their gift, but they are rarely part of the giving equation in terms of why People Choose to give. Tom why give now . How to give . Eileen heisman is the president and c. E. O. Of the National Philanthropic trust. So eileen, if you have made the decision, how do you begin to decide how to give. Like cash, time or maybe some other asset . It depends on what kind of assets you have. If you have cash thats the only thing you v you might want to write a check or go online, do an online contribution. But a lot of people who are giving especially large amounts are over age 65 and a lot of those people h
Americans gave more than 350 billion to nonprofits last year, and half of that came from the wealthiest americans. So, what influences their giving . Ruben ramirez gets some answers. Reporter its another Typical School day at Truman High School in the bronx. The cooking class is busy in the kitchen. singing the choir is rehearsing. The astronomy class is learning about stars. But it wasnt always like this. Real estate developer Charles Bendit met truman high principal sana nasser a decade ago through a nonprofit called pencil. It connects Business People who want to volunteer with schools in their communities. I was a small businessman that was just getting started. I was just beginning to realize that someday i might be successful. I didnt have what to give in terms of big dollars, so what i did do was, i thought about how i could be most impactful. Reporter bendit serves as a mentor to principal nasser. Together, they developed the idea of specialized academies within the high school
Talent and certainly your dollars to. Reporter people are still donating money, giving away at least 10 of their Household Income each year, according to the survey. And most of those expect to give at least the same amount next year. And its not just about getting the tax deduction. We see that taxes are very much a consideration in how folks might structure their giving and in the timing of their gift, but they are rarely part of the giving equation in terms of why People Choose to give. Tom why give now . How to give . Eileen heisman is the president and c. E. O. Of the National Philanthropic trust. So eileen, if you have made the decision, how do you begin to decide how to give. Like cash, time or maybe some other asset . It depends on what kind of assets you have. If you have cash thats the only thing you v you might want to write a check or go online, do an online contribution. But a lot of people who are giving especially large amounts are over age 65 and a lot of those people h
Americans gave more than 350 billion to nonprofits last year, and half of that came from the wealthiest americans. So, what influences their giving . Ruben ramirez gets some answers. Reporter its another Typical School day at Truman High School in the bronx. The cooking class is busy in the kitchen. singing the choir is rehearsing. The astronomy class is learning about stars. But it wasnt always like this. Real estate developer Charles Bendit met truman high principal sana nasser a decade ago through a nonprofit called pencil. It connects Business People who want to volunteer with schools in their communities. I was a small businessman that was just getting started. I was just beginning to realize that someday i might be successful. I didnt have what to give in terms of big dollars, so what i did do was, i thought about how i could be most impactful. Reporter bendit serves as a mentor to principal nasser. Together, they developed the idea of specialized academies within the high school