Despite their greater fiscal challenges, middle-class class taxpayers have been found to be more charitable than their wealthier counterparts.
“Households that earn $50-75,000 give an average of 7.6% of their discretionary income to charity, compared with an average of 4.2% for people who make $100,000 or more.” – The Chronicle of Philanthropy, August 19, 2012
However, employees also have legitimate concerns about charitable campaigns such as the CFC. If you’re still on the fence, perhaps this information will help. (For more, visit the CFC FAQ)
• Voluntary Is The Policy: You are encouraged to report coercion to CFC at firstname.lastname@example.org or 202-465-7230.
• You Are Encouraged To Check Out Your Charity: “70% of Americans said it was difficult to tell whether a charity soliciting their contribution is legitimate.” Visit http://www.bbb.org/us/charity/
• Programs Like CFC Actually Help Reduce Overhead: While CFC does have some administrative expenses of its own (8.2% in 2011), combining many charities into a single drive reduces the need for individual charities to approach area employees individually. (Average overhead in 2004 was 16%, according to Fortune.)
• CFC Is Closely Watched. The organization has multiple interlocking layers of oversight: OPM audits it every year, a committee of local Federal workers oversees its financial practices, and a nonprofit organization called Global Impact runs it on a day-to-day basis.
• Your Participation Makes A Difference. The existence of CFC leads people to donate more than they would otherwise: “People give more than 3-4 times as much through payroll deduction than they do when making a direct cash gift.”
CFC Oversight & Improvement
A couple of interesting links here on the effort to improve CFC. Based on recent conversations, people like some things about CFC (doing good; that they make it easy to donate) but don't like others (being pressured; having a private matter turned into a public display; CFC overhead). There is also the sense that enrolling is somehow complicated. If you're interested in this subject, the items below are worth reviewing when you have the time.