How much did President Obama donate to his local church?
Susan Walsh, Associated Press
The release of President Barack Obama’s tax returns has generated plenty of discussion, but some of the most interesting tidbits come not from how much he got, but from how much he gave.
According to the returns, which were posted on Whithouse.gov on Friday, Obama made $59,251.00 in charitable donations last year. That comes to 12.3 percent of the First Family’s income being donated to charity, with their largest donation going to The Fisher House Foundation, a charity that provides free housing for the families of veterans who are receiving health treatment.
As The Daily Caller points out, 0.3 percent of the president’s taxable income was tithed to St. John’s Church in Washington, D.C., a local evangelical church that the president has been known to attend on occasion.
According to Churchexecutive.com, only 5 percent of American adults donate 10 percent or more of their annual income, a number that is typically cited as the biblical definition of tithes.
- Happiness research inspired one business...
- How much money should you be saving from each...
- She paid for a family's groceries and got...
- Gambling is losing its appeal in Las Vegas
- Heavy reliance on US not sustainable,...
- Renovation Solutions: Three renovation...
- April 15 may be Tax Day, but Tax Freedom Day...
- Why do only half of Americans invest in stocks?
- Happiness research inspired one... 13
- Heavy reliance on US not sustainable,... 6
- She paid for a family's groceries and... 6
- Why do only half of Americans invest in... 5
- Did you file your taxes jointly or... 4
- Citigroup's earnings rise 21 percent,... 2
- Balancing act: Better balance is top... 2
- Renovation Solutions: Three renovation... 2