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How Much Money Would You Give Away If You Could?

By
Real Estate Agent with Elizabeth Anne Weintraub, Broker DRE #00697006

How much money would be enough money for you to give away millions of dollars to a noteworthy cause such as, oh, I dunno, how about the search for intelligent extraterrestial life in the universe? I would like to have so much money leftover at the end of the year, money I could not possibly spend on anything of importance, that I could give enormous sums away. I believe I would probably want to feed the hungry, house the homeless, provide medical services to the uninsured and educate our children in poverty. Cover people's basic needs that are not being met now. Yet, when I look at where I donate money now, it's mostly to conserve our national parks and monuments, a giraffe here and there in Africa, and animal welfare causes. Small checks that don't do nearly enough.

For some people, to be able to give away a large sum of money, that amount might be $100,000. For others, it might be $100 million. It's really hard to spend a lot of money. After you buy, say, the oceanfront home in Maui, what's left? Building an airport, maybe? You don't really need an airport.

That billionaire guy who made a fortune in the Silicon Valley, Yuri Milner, gave $100 million to UC Berkeley to fund the search for intelligent extraterrestial life. There will be others who say it's ridiculous and complain that there are better places to help humanity but it's his money so what the hey. It's pointless for me to worry about it when there is so much other crap dehumanizing our Earth.

You can read more about those thoughts at this link from my personal blog today: Is the Internet Stripping Away Human Contact?

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Elizabeth Weintraub is co-partner of Weintraub & Wallace Team of Top Producing Realtors, an author, home buying expert at The Balance, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown, Carmichael and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Call Elizabeth Weintraub at 916.233.6759. Put our combined 80 years of real estate experience to work for you. Broker-Associate at RE/MAX Gold. DRE License # 00697006.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of RE/MAX Gold. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

Comments(14)

Dan Hopper
Dan Hopper - Gold Way RE - Westminster, CO
Colorado Broker / Referral Services

Yes, Elizabeth... it is very important to share the good fortunes!  So many wealthy entrepreneurs will tell you, "the more you give, the more you will get back".  Thanks for this topic!

Jul 22, 2015 12:01 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Elizabeth, yes it would be nice to have money left over to give away.  The Rotary club has greatr programs that i donate to monthly if I can.

Jul 22, 2015 12:06 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Thanks for sharing your post! I really enjoyed it, and hope your week is swell!  :-)

Jul 22, 2015 12:10 AM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Assuming I did have $$$, I would don a disguise and visit with various nooks and crannies of places of the lower to poor classes of people and mingle right in. Then, make my differences anonymously after that. To personally reach the sources of needs to me would be most satisfying

Jul 22, 2015 12:34 AM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Elizabeth,  I had not heard about the $100 million dollar donation Yuri Milner made.  I'd spend the money to clean up our government which would stop all the pollution and greed that causes Mother Earth to be damaged in so many ways.  All the people, children, and animals would be loved and cared for. I'd create heaven on earth with my money.

I do believe the sum total of every small donation does make a difference. We don't need to have millions or give millions to make a difference. 

Jul 22, 2015 12:41 AM
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

I used to think about the BIG picture but mismanagement and greed mixed into the giving. Now the sphere is retracted locally and anonymously. Need is everywhere and the benefit can be monitored much more closely without the cataracts a World-wide endeavor imposes.

Jul 22, 2015 01:17 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

Well, I'm sorry to say this but you can't access the link to my controversial blog today because my website is down due to a plug-in crash on Wordpress. But the good news is I was about to transfer it anyway to a new server, so now is as good as time as any and it should be up and running again tomorrow. At first I thought, uh oh, I should not have spelled out the name of that Warren Zevon song, LOL, but then I realized that was stupid.

 

Jul 22, 2015 09:06 AM
James Dray
Fathom Realty - Bentonville, AR

Good morning Elizabeth.  If you have money left over I'll give you my address.  Prefer cash but a cashiers check or money order would do....

Jul 22, 2015 07:51 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Elizabeth, I hope to give some money to worthy causes, but not anywhere the amounts that some of these folks have.

Jul 22, 2015 09:38 PM
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Elizabeth.  I could click onto the second page.  The money might have been spent on more needier causes.

Jul 23, 2015 09:43 PM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

James Dray I was just musing about how nice it would be to have so much money that I could give large chunks of it away or to form a foundation, and I don't think you qualify as a charitable cause, James. Plus, I don't have enough to give away millions.

Jul 24, 2015 02:10 AM
James Dray
Fathom Realty - Bentonville, AR

At least I tried.  Compared to you I am a charitable case....

Jul 24, 2015 02:13 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

Gabe Sanders I believe philanthropy is important too.

Conrad Allen Well, I still can't access my complete website. I hear now it will be a couple more days before it is fully functional. This downtime is causing a lot of stress.

Jul 24, 2015 02:24 AM
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Just what you need.   More stress

Jul 24, 2015 03:09 AM