Most of his “charity” is buying him the role of being a God in the after life.
“”As George Zornick reports (quoting Romneys trustee, Brad Malt), Over the entire 20-year period period [of 1990-2009, the Romneys gave to charity an average of 13.45 percent of their adjusted gross income. To be a Mormon in good standing one must donate 10 percent of ones gross income to the Mormon church. If Romney did so, that means he gave only 3.45 percent of his vast fortune to all other charities.
Finally, there is the question of whom Romney gives his money to. Business Insider ran the numbers: The answer appears to be primarily one organization: The Church of Jesus Christ Of Latter-Day Saints, more commonly known as the Mormon church. According to tax documents viewed by Business Insider, the vast majority of the money Mitt Romney gave away in 2009 and 201080 percent of itwent to the church.
The same holds true for 2011. As the McClatchy Newspapers noted: In 2011, the Romneys charitable cash contributions included $1.115 million to the Mormon church and $214,516 to Tyler Charitable Foundation, a Romney family foundation. The Romneys also claimed a deduction of $920,573 for noncash contributions that were not spelled out in a statement accompanying the return.
In other words, the Mormon church was the biggest recipient of the Romneys largesse. And what does the other main recipient every year, the Tyler Charitable Foundation, do? It makes up for shortcomings in Romneys donations to his church. According to the Daily Caller, Romney actually fell slightly short of the tithing requirement in 2009. But the Tyler Foundation gives to the Mormon church, and when you add in those contributions as Romney family money, they exceed the threshold. But that, in turn, is true only if you dont also count the foundations income from its investments as Romney family income. If you did, the Romneys would fall well below the tithing requirement.
Here, via Forbes, is a breakdown of where the Tyler Charitable Foundation has given the more than $7 million it doled out since 2000:
1. The Church of Jesus Christ of Latter Day Saints: $4,781,000
2. Brigham Young University: $525,000
3. The United Way: $177,000
4. Right to Play: $111,500
5. The George W. Bush Library: $100,000
6. Operation Kids: $85,000
7. Center For Treatment of Pediatric MS: $75,000
8. Harvard Business School: $70,000
9. City Year: $65,000
10. Deseret International: $50,000
Weber State University: $50,000
As you can see, the majority of the funding goes to the Mormon church. The second-biggest recipient is the Mormon university that Romney attended. Other recipients include Romneys former business school, and the library of the former president he has an incentive to curry favor with.””
“”In 2010, Mitt Romney took $3 million in charitable deductions on his tax return, against adjusted gross income of $22 million.
$1.5 million was a direct cash donation to the LDS Church
$1.5 million was a stock donation to the Romneys private foundation, which is called the Tyler Foundation. The Tyler Foundation, in turn, gave away $647,500 in 2010, of which $145,000 went to the church. (The Tyler Foundation is controlled by the Romneys, so any money the Tyler Foundation gives away is effectively money the Romneys are giving away)
In 2010, therefore, Romney gave third parties (other than his foundation) a total of $2.1 million, with a total of $1.7 million going to the church. 78 percent of Romneys donations in 2010, therefore, went to the church.
In 2009, meanwhile, Romneys private foundation gave away a total of $631,000. This was made up of four gifts:
The Church of Jesus Christ of Latter-Day Saints ($600,000)
My Sisters Keeper ($5,000)
The Becket Fund ($25,000)
Mass General Hospital Cancer Center ($1,000)
In 2009, therefore, 95 percent of the money Romneys foundation gave away went to the church.””
You really need to get off your RDS.