Thursday, July 02, 2015

Jeb Bush below average in giving to charities

http://www.miamiherald.com/news/politics-government/elections-2016/jeb-bush/article26004640.html

By Lesley Clark and Amy Sherman
July 1, 2015

Jeb Bush says he’s proud of what he and his wife, Columba, have contributed to charity. But his tax records show they’ve given less than the national average and less than others with similar wealth.

The former Florida governor’s boast that he and his wife had donated $739,000 to charity since he left the governor’s office in 2007 is only one view of his record.

In 2013, the most recent tax year for which his records were available, the Bushes’ charitable contributions of $110,616 amounted to 1.5 percent of an adjusted gross income of $7.3 million. In 2012, their $104,169 in contributions amounted to 1.8 percent of their adjusted gross income.

Bush said he will report contributing $307,944 to charity in his 2014 tax return, but he has filed for a six-month filing extension and his adjusted gross income for that year was not made available.

That’s below the 3 percent national average for charitable giving and the 3.38 percent average in Florida, according to the Chronicle of Philanthropy.

And it’s well below some of Bush’s political peers, who have far outpaced that level of giving, particularly as they made more money or began considering a run for election.

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