Sacramento Bee Article 2012
Sacramento Bee Article 2012"Plan Your Giving" to Charity Catches on...
Personal Finance: You don't have to be super-rich to give to charity
Published: Sunday, Oct. 7, 2012 - 12:00 am | Page 1D
Last Modified: Sunday, Oct. 7, 2012 - 2:57 pm
Bill Gates and Warren Buffett started it. Now a small but growing group of far-less-wealthy Californians
are joining in: taking a public pledge to leave money to charity after they're gone.
And it doesn't require being one of America's billionaires. The point is not about how much you're giving,
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Sacramento Bee Article 2010
The Sacramento Bee
Project urges charity bequests
By Claudia Buck
Published: Saturday, Oct. 2, 2010 | Page 6B
It started with Warren Buffett and Bill Gates, who are urging America's fellow billionaires to join them in giving away 50 percent of their estate to charity.
Now that concept of planned giving has trickled down to the rest of us. On Friday, a volunteer group in Sacramento launched California's "Plan Your Giving" project, which urges everyday residents – of any income level – to pledge a portion of their estate to charitable, nonprofit, religious or educational institutions.
The goal: to get 500 Californians in the next 12 months to pledge at least 10 percent of their estates to a cause of their choosing. Over the next five years, the sponsors hope at least 3,000 Californians will sign on.
"It's a way for California to show the nation a more generous culture around money," said Elfrena Foord, partner in a Sacramento financial planning firm and co-chairwoman of the statewide effort. "It goes against conventional thinking. ... It breaks the cycle of 'give it all to the kids,' " she said.