Romney the giver: The big news from tax returns

Posted by on Sep 22, 2012 at 9:59 am

As a member of the Mormon church, Romney is instructed to tithe 10 percent of his income. That’s in keeping with most charitable giving: Religious institutions get about one-third of all contributions, according to The American magazine.

In 2011, his tithe would have been $1.4 million — which means in that year alone he gave more than twice as much to other charities through his own foundation and through other means.

This may be a reflection of his deep faith. As Arthur C. Brooks, the head of the American Enterprise Institute, has written, “Religious people are more charitable with secular causes, too.

“For example, in 2000, religious people were 10 percentage points more likely than secularists to give money to explicitly nonreligious charities, and 21 points more likely to volunteer. The value of the average religious household’s gifts to nonreligious charities was 14 percent higher than that of the average secular household.”

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