this post was submitted on 05 Oct 2024
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0.001% of your net worth is a pretty generous donation. Not sure what your point is here.
I regularly donate tens of times more relative to my net worth.
And I think a lot of people do. Probably most people who give to charity.
So the news here is that a rich person is giving moneys, yes, but also relatively less compared to their personal net worth than most people who give to charities.
It's still good, a million should help some I should think. Not like fix infrastructure help (FHWA today announced the immediate availability of $100 million in Emergency Relief funds for the North Carolina Department of Transportation), but definitely "feed and supply a lot of people" help.
I'm not criticising Dolly Parton, I just pointing out we fawn over donations that are arguably less generous (while being larger in sum) because of the relative net worth.
I know it's not accurate but I'm lazy; googling US median net worst give ~190,000 dollars. Googling median charity donation US gives "For middle income earners, the average yearly charitable donation is approximately $3,296"
Again, nothing against Dolly Parton, she's an amazing person. I commenting on the system we live in, rather.