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Statistics Canada says the generosity of Canadians has risen slowly, both in constant dollars and as a proportion of household income, for the past several decades.
Five and a half million tax filers reported charitable donations totalling $5.5 billion in 2001, reported Stats Canada on November 21. The donated amount increased 1.4% from 2000, when charities received almost $5.4 billion. There was roughly the same number of donors in 2000. Across Canada, the median donation in 2001 was $200.
Financial planner Dodee Frost Crockett with Merrill Lynch has made charitable giving a significant part of her practice in Dallas, Texas. Frost Crockett said her work in helping clients meet their philanthropic goals has been hugely influential in building the trust of these individuals.
“I try to get them to think about these [charitable] issues and what kind of example they’re setting for their children in terms of the meaning of money. Then they feel like someone cares about their life goals, not just their money or investment goals,” Frost Crockett told Advisor’s Edge magazine last year.
The Fraser Institute report also compared the charitable giving of Canadians and Americans.
In 2000, 27.8% of American tax filers gave to charity, compared to 25.2% of Canadians. On an aggregate basis, Canadians donated 0.65% of their income; Americans donated 1.63%. The average total charitable donation in the United States was $3,658 US, much higher than the average Canadian gift of $619 US($919 Cdn).
The Fraser Institute released its 2002 Generosity Index today. The Institute is an independent public policy organization based in Vancouver.
Have you made or are you thinking of making charitable giving a priority for your clients? Is there one approach that you’ve found successful in getting clients thinking of charitable giving? Talk about it in the “Free For All” forum of the Talvest Town Hall on Advisor.ca.
Filed by Jim MacDonald, Advisor.ca, jmacdonald@advisor.ca.
(12/12/02)
Statistics Canada says the generosity of Canadians has risen slowly, both in constant dollars and as a proportion of household income, for the past several decades.
Five and a half million tax filers reported charitable donations totalling $5.5 billion in 2001, reported Stats Canada on November 21. The donated amount increased 1.4% from 2000, when charities received almost $5.4 billion. There was roughly the same number of donors in 2000. Across Canada, the median donation in 2001 was $200.
Financial planner Dodee Frost Crockett with Merrill Lynch has made charitable giving a significant part of her practice in Dallas, Texas. Frost Crockett said her work in helping clients meet their philanthropic goals has been hugely influential in building the trust of these individuals.
“I try to get them to think about these [charitable] issues and what kind of example they’re setting for their children in terms of the meaning of money. Then they feel like someone cares about their life goals, not just their money or investment goals,” Frost Crockett told Advisor’s Edge magazine last year.
The Fraser Institute report also compared the charitable giving of Canadians and Americans.
In 2000, 27.8% of American tax filers gave to charity, compared to 25.2% of Canadians. On an aggregate basis, Canadians donated 0.65% of their income; Americans donated 1.63%. The average total charitable donation in the United States was $3,658 US, much higher than the average Canadian gift of $619 US($919 Cdn).
The Fraser Institute released its 2002 Generosity Index today. The Institute is an independent public policy organization based in Vancouver.
Have you made or are you thinking of making charitable giving a priority for your clients? Is there one approach that you’ve found successful in getting clients thinking of charitable giving? Talk about it in the “Free For All” forum of the Talvest Town Hall on Advisor.ca.
Filed by Jim MacDonald, Advisor.ca, jmacdonald@advisor.ca.
(12/12/02)
Statistics Canada says the generosity of Canadians has risen slowly, both in constant dollars and as a proportion of household income, for the past several decades.
Five and a half million tax filers reported charitable donations totalling $5.5 billion in 2001, reported Stats Canada on November 21. The donated amount increased 1.4% from 2000, when charities received almost $5.4 billion. There was roughly the same number of donors in 2000. Across Canada, the median donation in 2001 was $200.
Financial planner Dodee Frost Crockett with Merrill Lynch has made charitable giving a significant part of her practice in Dallas, Texas. Frost Crockett said her work in helping clients meet their philanthropic goals has been hugely influential in building the trust of these individuals.
“I try to get them to think about these [charitable] issues and what kind of example they’re setting for their children in terms of the meaning of money. Then they feel like someone cares about their life goals, not just their money or investment goals,” Frost Crockett told Advisor’s Edge magazine last year.
The Fraser Institute report also compared the charitable giving of Canadians and Americans.
In 2000, 27.8% of American tax filers gave to charity, compared to 25.2% of Canadians. On an aggregate basis, Canadians donated 0.65% of their income; Americans donated 1.63%. The average total charitable donation in the United States was $3,658 US, much higher than the average Canadian gift of $619 US($919 Cdn).
The Fraser Institute released its 2002 Generosity Index today. The Institute is an independent public policy organization based in Vancouver.
Have you made or are you thinking of making charitable giving a priority for your clients? Is there one approach that you’ve found successful in getting clients thinking of charitable giving? Talk about it in the “Free For All” forum of the Talvest Town Hall on Advisor.ca.
Filed by Jim MacDonald, Advisor.ca, jmacdonald@advisor.ca.
(12/12/02)
Statistics Canada says the generosity of Canadians has risen slowly, both in constant dollars and as a proportion of household income, for the past several decades.
Five and a half million tax filers reported charitable donations totalling $5.5 billion in 2001, reported Stats Canada on November 21. The donated amount increased 1.4% from 2000, when charities received almost $5.4 billion. There was roughly the same number of donors in 2000. Across Canada, the median donation in 2001 was $200.
Financial planner Dodee Frost Crockett with Merrill Lynch has made charitable giving a significant part of her practice in Dallas, Texas. Frost Crockett said her work in helping clients meet their philanthropic goals has been hugely influential in building the trust of these individuals.
“I try to get them to think about these [charitable] issues and what kind of example they’re setting for their children in terms of the meaning of money. Then they feel like someone cares about their life goals, not just their money or investment goals,” Frost Crockett told Advisor’s Edge magazine last year.
The Fraser Institute report also compared the charitable giving of Canadians and Americans.
In 2000, 27.8% of American tax filers gave to charity, compared to 25.2% of Canadians. On an aggregate basis, Canadians donated 0.65% of their income; Americans donated 1.63%. The average total charitable donation in the United States was $3,658 US, much higher than the average Canadian gift of $619 US($919 Cdn).
The Fraser Institute released its 2002 Generosity Index today. The Institute is an independent public policy organization based in Vancouver.
Have you made or are you thinking of making charitable giving a priority for your clients? Is there one approach that you’ve found successful in getting clients thinking of charitable giving? Talk about it in the “Free For All” forum of the Talvest Town Hall on Advisor.ca.
Filed by Jim MacDonald, Advisor.ca, jmacdonald@advisor.ca.
(12/12/02)
Statistics Canada says the generosity of Canadians has risen slowly, both in constant dollars and as a proportion of household income, for the past several decades.
Five and a half million tax filers reported charitable donations totalling $5.5 billion in 2001, reported Stats Canada on November 21. The donated amount increased 1.4% from 2000, when charities received almost $5.4 billion. There was roughly the same number of donors in 2000. Across Canada, the median donation in 2001 was $200.
Financial planner Dodee Frost Crockett with Merrill Lynch has made charitable giving a significant part of her practice in Dallas, Texas. Frost Crockett said her work in helping clients meet their philanthropic goals has been hugely influential in building the trust of these individuals.
“I try to get them to think about these [charitable] issues and what kind of example they’re setting for their children in terms of the meaning of money. Then they feel like someone cares about their life goals, not just their money or investment goals,” Frost Crockett told Advisor’s Edge magazine last year.
The Fraser Institute report also compared the charitable giving of Canadians and Americans.
In 2000, 27.8% of American tax filers gave to charity, compared to 25.2% of Canadians. On an aggregate basis, Canadians donated 0.65% of their income; Americans donated 1.63%. The average total charitable donation in the United States was $3,658 US, much higher than the average Canadian gift of $619 US($919 Cdn).
The Fraser Institute released its 2002 Generosity Index today. The Institute is an independent public policy organization based in Vancouver.
Have you made or are you thinking of making charitable giving a priority for your clients? Is there one approach that you’ve found successful in getting clients thinking of charitable giving? Talk about it in the “Free For All” forum of the Talvest Town Hall on Advisor.ca.
Filed by Jim MacDonald, Advisor.ca, jmacdonald@advisor.ca.
(12/12/02)
(December 12, 2002) The Prairies, Atlantic Canada and Central Canada are well represented in the top ranks of charitable givers in this country. A report today from The Fraser Institute charts the landscape of charitable giving across the provinces.
Manitoba ranked first among provinces with both the highest percentage of tax filers donating to charities (29%) and the percentage of income donated (0.83%). This is the third year in a row Manitoba topped the list with the highest share of donors. British Columbians gave the highest average donation of $1,194.
The lowest share of tax filers donating to charity was in Newfoundland and Labrador (21.2%). Quebec’s average donation of $463 was ranked 10th and Quebec’s percentage of income donated to charity (0.31%) was also the lowest.
The Fraser Institute compiled the survey using government data on the formal financial charitable giving of individuals. The government sources included Statistics Canada and Canada Customs and Revenue Agency. The report did not include the territories.
Here is the Fraser Institute’s ranking of provinces by percentage of tax returns with charitable donations, followed by the percentage of income donated and average donation by residents (in brackets):
Statistics Canada says the generosity of Canadians has risen slowly, both in constant dollars and as a proportion of household income, for the past several decades.
Five and a half million tax filers reported charitable donations totalling $5.5 billion in 2001, reported Stats Canada on November 21. The donated amount increased 1.4% from 2000, when charities received almost $5.4 billion. There was roughly the same number of donors in 2000. Across Canada, the median donation in 2001 was $200.
Financial planner Dodee Frost Crockett with Merrill Lynch has made charitable giving a significant part of her practice in Dallas, Texas. Frost Crockett said her work in helping clients meet their philanthropic goals has been hugely influential in building the trust of these individuals.
“I try to get them to think about these [charitable] issues and what kind of example they’re setting for their children in terms of the meaning of money. Then they feel like someone cares about their life goals, not just their money or investment goals,” Frost Crockett told Advisor’s Edge magazine last year.
The Fraser Institute report also compared the charitable giving of Canadians and Americans.
In 2000, 27.8% of American tax filers gave to charity, compared to 25.2% of Canadians. On an aggregate basis, Canadians donated 0.65% of their income; Americans donated 1.63%. The average total charitable donation in the United States was $3,658 US, much higher than the average Canadian gift of $619 US($919 Cdn).
The Fraser Institute released its 2002 Generosity Index today. The Institute is an independent public policy organization based in Vancouver.
Have you made or are you thinking of making charitable giving a priority for your clients? Is there one approach that you’ve found successful in getting clients thinking of charitable giving? Talk about it in the “Free For All” forum of the Talvest Town Hall on Advisor.ca.
Filed by Jim MacDonald, Advisor.ca, jmacdonald@advisor.ca.
(12/12/02)
(December 12, 2002) The Prairies, Atlantic Canada and Central Canada are well represented in the top ranks of charitable givers in this country. A report today from The Fraser Institute charts the landscape of charitable giving across the provinces.
Manitoba ranked first among provinces with both the highest percentage of tax filers donating to charities (29%) and the percentage of income donated (0.83%). This is the third year in a row Manitoba topped the list with the highest share of donors. British Columbians gave the highest average donation of $1,194.
The lowest share of tax filers donating to charity was in Newfoundland and Labrador (21.2%). Quebec’s average donation of $463 was ranked 10th and Quebec’s percentage of income donated to charity (0.31%) was also the lowest.
The Fraser Institute compiled the survey using government data on the formal financial charitable giving of individuals. The government sources included Statistics Canada and Canada Customs and Revenue Agency. The report did not include the territories.
Here is the Fraser Institute’s ranking of provinces by percentage of tax returns with charitable donations, followed by the percentage of income donated and average donation by residents (in brackets):
Statistics Canada says the generosity of Canadians has risen slowly, both in constant dollars and as a proportion of household income, for the past several decades.
Five and a half million tax filers reported charitable donations totalling $5.5 billion in 2001, reported Stats Canada on November 21. The donated amount increased 1.4% from 2000, when charities received almost $5.4 billion. There was roughly the same number of donors in 2000. Across Canada, the median donation in 2001 was $200.
Financial planner Dodee Frost Crockett with Merrill Lynch has made charitable giving a significant part of her practice in Dallas, Texas. Frost Crockett said her work in helping clients meet their philanthropic goals has been hugely influential in building the trust of these individuals.
“I try to get them to think about these [charitable] issues and what kind of example they’re setting for their children in terms of the meaning of money. Then they feel like someone cares about their life goals, not just their money or investment goals,” Frost Crockett told Advisor’s Edge magazine last year.
The Fraser Institute report also compared the charitable giving of Canadians and Americans.
In 2000, 27.8% of American tax filers gave to charity, compared to 25.2% of Canadians. On an aggregate basis, Canadians donated 0.65% of their income; Americans donated 1.63%. The average total charitable donation in the United States was $3,658 US, much higher than the average Canadian gift of $619 US($919 Cdn).
The Fraser Institute released its 2002 Generosity Index today. The Institute is an independent public policy organization based in Vancouver.
Have you made or are you thinking of making charitable giving a priority for your clients? Is there one approach that you’ve found successful in getting clients thinking of charitable giving? Talk about it in the “Free For All” forum of the Talvest Town Hall on Advisor.ca.
Filed by Jim MacDonald, Advisor.ca, jmacdonald@advisor.ca.
(12/12/02)
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