In this weekend’s Your Money column, I urge readers to come up with an asset allocation for their charitable dollars, just as many people do for their investment portfolios. And in figuring out the right mix of global versus national versus local giving, or choosing among organizations within those categories, it makes sense to reckon with the argument that the most ethical approach is to give to organizations that can save lives for very little money half a world away.
This argument, which lies at the heart of a book called “The Life You Can Save,” has been a tough one for me personally to square with the debt I believe I owe to educational institutions that provided me with scholarships or the religious ones that anchor me in so many ways.
How do you divide your charitable pie? Do any of you allocate 100 percent of your giving to global organizations that save lives by providing basic needs like food and health care? And if your children are involved in the discussion, how have they changed your family’s allocation?
Article source: http://bucks.blogs.nytimes.com/2012/12/07/dispatches-from-your-dinner-table-charity-discussions/?partner=rss&emc=rss
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