Donation of time more valuable than money, survey says.
Half of Americans believe volunteering time to charities is more important than giving money, and religion plays a large role in their volunteering and giving decisions, says a new survey.
Among remaining Americans surveyed, half believe donating money is most important and half believe time and money are equal in worth, says the survey of 1,000 people by financial services group Thrivent Financial for Lutherans in Appleton, Wisc.
Americans ages 18 to 34 register the strongest preference for volunteering over donating money, while those 65 and older give the least value to volunteering.
Both those age groups volunteer at nearly the same rate, and below those for other age groups.
The survey also finds Americans who regularly attend religious services or pray volunteer more often than those who do not.
Over half the people surveyed give to religious groups, while one of three support education, followed by medical research, social services and United Way.