The wealthy are more likely to donate
mericans at the top of the economic food chain are using their money to benefit those who aren't quite as fortunate, supporting numerous causes such as human rights, education, animal welfare and more. A new report from Bank of American Merrill Lynch indicates that more than 98 percent of the nation's richest households actively donate to charitable causes. Those in the top 3.1 percent are responsible for 60 to 75 percent of the $360 billion given to nonprofits during...
Read MoreElderly couple give lottery winnings to charity
An elderly Canadian couple, 75-year-old Allen and Violet Large, recently won more than $11.2 million in the lottery. Instead of going on a shopping spree, the two decided to give all of the money they won to charity. The couple retired in 1983 to Nova Scotia after both working for more than 30 years. While they aren't rich, they are complacent with their current living conditions. Rather than deal with taxes, the Larges decided to donate every penny of their winnings to local organizations,...
Read MoreNordstrom to launch charity store
The Seattle-based clothing retailer Nordstrom is set to launch a new location on West Broadway in Manhattan, New York. Philanthropists in particular may be interested in supporting the new store, as Nordstrom has said all revenue driven by the store will be donated to nonprofit organizations. While the store's strategy has not been fully confirmed yet, the retailer may offer exclusive products to patrons which could help draw in new business. "It's a unique, philanthropic-based...
Read MoreNew study shows women are more active philanthropists
A new study conducted by the Women's Philanthropy Institute at Indiana University has found that women tend to give larger donations and more frequently to charities, reports the Huffington Post. This was the case regardless of how much money philanthropists made per year. At the annual home income level of $23,509 or less, women are 28 percent more likely to donate then men; between $23,509 and $43,500, females are 32 percent more likely to donate than males; through $67,532, women are 49...
Read MorePhilanthropic search engine promises to donate ad revenue to charity
The Houston Philanthropic Society is enabling casual web users to become philanthropists through its recently released GoodSearch portal. GoodSearch will donate half of its ad revenue to charity without users having to pay any money to use the portal. The site works similar to Yahoo and Google, and for each query conducted, a penny will be donated to organizations in need. The Houston Philanthropic Society expects to raise more than $7,300 per year with the new search engine. "We know...
Read MoreLocal Washington breweries team up for charity bowl
Next month, nine Washington breweries and five local bars are coming together to support charity through a fundraising food drive for the West Seattle Food Bank, reports Seattle PI. The drive is being organized by Beer Church, a nonprofit group that aims to get people engaged in community initiatives through beer. Beer Church has put together more than 10 events in the past, with attendees generating tens of thousands of dollars. "[Our goal is to] create simple, fun and affordable ways for...
Read MoreNaveen Jain
Naveen Jain, who grew up in the Indian state of Uttar Pradesh, saw firsthand how families struggle under the burden of poverty. He vowed to make giving back to the community an essential part of his business ventures. As the CEO of Intelius, Naveen supports various nonprofit aid groups that focus on medical care, education, and family development.
Together with his wife Anu Jain, who works for Intelius as the vice president of community relations, he involves Intelius in many of his philanthropic efforts. The United Way of King County, Bellevue Life Spring, Seattle Children’s Hospital, Treehouse, and Hopelink are just some of the many organizations that have been recipients of Naveen Jain's support. The Puget Sound Business Journal ranked Intelius as among the top 15 corporate philanthropists in the United States.
Naveen and Anu Jain invite you to join them in their efforts to make metro Seattle and the world a better place.
