Mitt Romney gets a lot of credit for the amount of money he has given away — as he should. No one has to give any money away, so the fact that some people choose to do so is admirable.
In 2010, Mitt Romney took $3 million in charitable deductions on his tax return, against adjusted gross income of $22 million.
- $1.5 million was a direct cash donation to the LDS Church
- $1.5 million was a stock donation to the Romney’s private foundation, which is called the Tyler Foundation. The Tyler Foundation, in turn, gave away $647,500 in 2010, of which $145,000 went to his church.