NEWTITHING GROUP, SPRING 2004, THE GENEROSITY OF RICH AND POOR – Table 1. Footnotes

A. Tax Year: The full calendar tax-year, January 1st through December 31st.

B. Adjusted Gross Income Group: Adjusted gross income group as defined by the IRS for individual income tax returns.

C. Number of Filers: The number of individual income tax filers in each AGI Group for tax-year 2001 was provided by the IRS Statistics of Income Division, Publication 1304.

D. Average Adjusted Gross Income (AGI): Average adjusted gross income in each AGI Group for tax-year 2001 was provided by the IRS Statistics of Income Division, Publication 1304.

E. Average Salary and Non-Investment Income: Average salary and other non-investment income (including consulting fees, bonuses...etc). Income data for tax-year 2001 was provided by the IRS Statistics of Income Division, Publication 1304.

F. Average Start-of-Year Investment Assets: NewTithing Group’s estimate of assets held at the start of tax-yr 2001 by the average tax filer. These asset estimates are conservative in gauging donation capacity because they do not count the value of a filer's personal homes and possessions. This estimate is derived from NewTithing Group's capitalization method based on 2001 tax-year data from the IRS Statistics of Income Division, Publication 1304, and on 2001 market data for income generated by each major asset category.

G. Average Actual Total Gifts: NewTithing Group's estimate of actual gifts donated in tax-year 2001 by average filers in each AGI group. Based on the IRS Statistics of Income Division, Publication 1304 and estimated total individual giving for year-2001 from "Giving USA 2003," this estimate accounts for both filers who itemized their charitable gifts on their income tax declarations ("itemizers") and those who did not itemize ("non-itemizers").

H. Actual Total Gifts As % Adjusted Gross Income: NewTithing Group's computation: "Average Actual Total Gifts" (column G) divided by "Average Adjusted Gross Income" (colum D).