According to the altruism theory and rational choice theory, individuals who donate to charity may not only receive economic benefits (Clotfelter, 1997), but also enhance personal satisfaction (Monroe, 1994; Clary & Snyder, 1995). This study mainly focused on the giving behavior of older respondents from a racial/ethnic perspective. This study examined the racial/ethnic disparities of donating to charity using the 2018 HRS dataset. Firstly, this paper estimated the determinants of donating to charity. Based on the logistic results, the odds for Blacks is 1.43, indicating that Blacks will donate to charity is 1.43 times higher than Whites. Meanwhile, Hispanics are less likely to make donations than Whites.

Accepted Oral Presentation