(Excuse the brevity, typing on my phone). The spirit/ânorm is:
Choosing a lower paying job for impact reasons (regardless of how high that impact may or may not be) â pledged donation
Voluntary pre-tax donation (to an org that meets the pledge criteria) via payroll giving or other means = pledged donation
Voluntary pre-tax donation (to an org that meets the pledge criteria, where you also happen to work) via payroll giving or other means (e.g. writing to say please pay me $ less than is on my contract for Y period) = pledged donation
#3, but artificially inflating your salary (eg, you offered me X but can you say you offered me Y) â pledged donation
#3, but the donation doesnât meet the pledge criteria (eg âI asked GiveDirectly to pay me less than my contract but I truly believe that The Humane League is the best thing I could be donating to right nowâ.) â pledged donation
TL;DR Spirit of the pledge: If a voluntary pre-tax donation/âsalary sacrifice can be the means for which someone fulfils their pledge if itâs basically a different way of transacting a voluntary donation.
Like if you owe a friend $20 and then you use your card to pay for $100 for a dinner for the both of you it might be easier for him to just pay you $30 (instead of him paying you $50 and you then giving him $20).
The distinction is important because (a) itâs good to encourage people to make high-impact career trade offs, but (a) GWWC isnât/âshouldnât be about starting to track all of peopleâs impact decisions in one place and converting all volunteering and lower (or hypothetically lower based on glancing at Glassdor) paying jobs into $ so you can then donate less actual dollars. Itâs about recognising if youâre in a relatively well off financial position and voluntarily using your available financial resources to help others as effectively as you can.
Allowing some flexibility for means of donation (eg stock transfer, salary sacrifice, payroll giving) where itâs simpler or more tax efficient is better than saying it always has to be cash, but getting into the game of hard to measure non currency counterfactuals is a slippery slope that would undermine the advantages of a simple common norm.
Similarly if someone were to donate $10k of stock that they had good reasons to believe was about to lose half its value (i.e. knowing itâd only be worth half as much to themselves or the charity) and then it subsequently did lose half its value before the charity could liquidate it, then it would be in the spirit of the pledge to think about that as a $5k donation (regardless of what the taxman thinks). (Although the kind of donor thatâs donating large amounts of stock and is very bought into the spirit of the pledge is likely well above the 10% anyway and wouldnât be faulted for not finessing their pledge calculation to account for this if theyâre so far above their 10% that itâs immaterial to whether theyâre on track to meet their pledge or not).
(Excuse the brevity, typing on my phone). The spirit/ânorm is:
Choosing a lower paying job for impact reasons (regardless of how high that impact may or may not be) â pledged donation
Voluntary pre-tax donation (to an org that meets the pledge criteria) via payroll giving or other means = pledged donation
Voluntary pre-tax donation (to an org that meets the pledge criteria, where you also happen to work) via payroll giving or other means (e.g. writing to say please pay me $ less than is on my contract for Y period) = pledged donation
#3, but artificially inflating your salary (eg, you offered me X but can you say you offered me Y) â pledged donation
#3, but the donation doesnât meet the pledge criteria (eg âI asked GiveDirectly to pay me less than my contract but I truly believe that The Humane League is the best thing I could be donating to right nowâ.) â pledged donation
TL;DR Spirit of the pledge: If a voluntary pre-tax donation/âsalary sacrifice can be the means for which someone fulfils their pledge if itâs basically a different way of transacting a voluntary donation.
Like if you owe a friend $20 and then you use your card to pay for $100 for a dinner for the both of you it might be easier for him to just pay you $30 (instead of him paying you $50 and you then giving him $20).
The distinction is important because (a) itâs good to encourage people to make high-impact career trade offs, but (a) GWWC isnât/âshouldnât be about starting to track all of peopleâs impact decisions in one place and converting all volunteering and lower (or hypothetically lower based on glancing at Glassdor) paying jobs into $ so you can then donate less actual dollars. Itâs about recognising if youâre in a relatively well off financial position and voluntarily using your available financial resources to help others as effectively as you can.
Allowing some flexibility for means of donation (eg stock transfer, salary sacrifice, payroll giving) where itâs simpler or more tax efficient is better than saying it always has to be cash, but getting into the game of hard to measure non currency counterfactuals is a slippery slope that would undermine the advantages of a simple common norm.
Similarly if someone were to donate $10k of stock that they had good reasons to believe was about to lose half its value (i.e. knowing itâd only be worth half as much to themselves or the charity) and then it subsequently did lose half its value before the charity could liquidate it, then it would be in the spirit of the pledge to think about that as a $5k donation (regardless of what the taxman thinks). (Although the kind of donor thatâs donating large amounts of stock and is very bought into the spirit of the pledge is likely well above the 10% anyway and wouldnât be faulted for not finessing their pledge calculation to account for this if theyâre so far above their 10% that itâs immaterial to whether theyâre on track to meet their pledge or not).
Thanks for clarifying, I think the arguments makes sense! The FAQ is clear on this and itâs good to see some of itâs background.
I can accept that itâs a tricky situation and the overall best way to handle it is to consider a resign.
Further to my lunch example. If you said âIâm buying lunch!â or âLunch is on me!â then you still owe then $20.