Vocab
The Fifth Foundation
Build Wealth and Give
You have to wait until you have a large income before you can help others.
False
What is the capital of Puerto Rico?
San Juan
One financial benefit of giving money to charity is that your contribution may be tax deductible.
True
Anything handed down from the past; something that someone has achieved that continues to exist after they are gone
Legacy
To give money, food or other help to a country or organization that needs it
Aid
There is nothing that distinguishes your values and interests from those of other teenagers.
False
If I were to give you a dollar, how many dimes would you have?
0
One of the most important and rewarding things you can do is give.
True
Organizations that use money raised to achieve their goals rather than distributing them as profit
Nonprofits
Someone who gives money or goods to an organization
Donor
John D. Rockefeller was a businessman in the early 1900s who is remembered only for his wealth.
False
What year did Hurricane Katrina occur?
2005
When we give to others, we become less self-focused.
True
Means ʺlove of humanityʺ; identifying and exercising oneʹs values in giving and volunteering
Philanthropy
The practice of providing help and advice to people in a community before they have to ask for it
Outreach
If you commit to following the Five Foundations, you will have more money to give to others.
True
Earth is closest to the size of what other planet in our solar system?
Venus
Money is not the only way to give.
True
A reduction in the gross amount on which a tax is calculated; reduces taxes by the percentage fixed for the taxpayerʹs income bracket
Tax Deduction
An organization set up to provide help and raise money for those in need
Charitable Organization
Delaying the act of giving will make giving less likely in your future.
True
What sea creature has three hearts?
Octupus
You can be remembered for positive or negative attributes.
True
Traits or qualities that represent an individualʹs highest priorities, deeply held beliefs and motivating forces; oneʹs guiding principles
Core Values