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Sunday, December 30, 2007

Why Giving Makes You Happy

By ARTHUR BROOKS
December 28, 2007

As we approach year's end, your mailbox is filling up with fundraising appeals from various charities and causes, hoping to capitalize on your holiday cheer — or at least, your effort to avoid a bit of 2007 income taxes through deductible contributions.

It is a fact that givers are happier people than non-givers. According to the Social Capital Community Benchmark Survey, a survey of 30,000 American households, people who gave money to charity in 2000 were 43% more likely than non-givers to say they were "very happy" about their lives.

Similarly, volunteers were 42% more likely to be very happy than non-volunteers. It didn't matter whether gifts of money and time went to churches or symphony orchestras — givers to all types of religious and secular causes were far happier than non-givers.

People who give also are less sad and depressed than non-givers. The University of Michigan's Panel Study of Income Dynamics reveals that people who gave money away in 2001 were 34% less likely than non-givers to say that they had felt "so sad that nothing could cheer them up" in the past month. They were also 68% less likely to have felt "hopeless," and 24% less likely to have said that "everything was an effort."

The happiness difference between givers and non-givers is not due to differences in their personal characteristics, such as income or religion. Imagine two people who are identical in terms of income and faith — as well as age, education, politics, sex, and family circumstances — but one donates money and volunteers, while the other does not. The giver will be, on average, 11 percentage points more likely to be very happy than the non-giver.

Giving goes beyond formal gifts of money and time, of course. Much of the way we serve others is less formal, or with other resources of value in our lives. One particularly visceral kind of giving involves our blood, which a bit over 15% of Americans donate at least once each year. If anything, this kind of charity is even more strongly associated with happiness than traditional gifts.

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