President Bush and his wife, Laura, donated $143,300 to charity in 2000, while Vice President Dick Cheney and his wife, Lynne, donated $41,646, plus stock options worth $7.8 million, the Associated Press reported April 14.
The Bush family paid $240,342 in federal taxes on earnings of $894,880, while the Cheney family paid $14.3 million on earnings of $36 million, according to income-tax documents released April 13.
Donations by the Bushes included $75,000 out of royalties from President Bush’s biography published during the presidential campaign, “A Charge to Keep.”
Stock options donated by the Cheneys went to three groups: Capital Partners for Education, which provides educational support to poor youngsters in Washington, D.C.; George Washington University Medical Faculty Associates, the hospital where Cheney has been treated for his heart condition; and the University of Wyoming in Cheney’s home state.
For full story, go to New Jersey Online.