William Colgate, the founder of the Colgate-Palmolive company, was very intentional about tithing throughout his life. Here are some details about his giving:
- Early Years: When Colgate was just starting out, working as an apprentice in New York City, he was committed to giving away 10% of his income to the Lord, which is the traditional tithe amount based on biblical principles.
- Increased Giving: As his business grew and he became more successful, his commitment to giving also grew. By the time his company was well-established, Colgate increased his giving significantly. It is said that he ultimately gave away up to 50% of his income to charitable causes, religious institutions, and various philanthropic efforts.
- Philanthropic Legacy: Colgate’s generosity wasn’t limited to just financial contributions. He was deeply involved in supporting religious and educational institutions, especially those aligned with his Christian beliefs.
- Testimony of Faith: Colgate’s life was often cited as an example of the principle of “honoring God with your wealth.” His business success is seen by many as a direct result of his faithful tithing and generosity. He reportedly said, “The more I give, the more I receive.”
- Impact on the Company: Colgate’s dedication to tithing and giving back is reflected in the culture of his company. His ethical business practices and strong moral principles were a foundational part of Colgate-Palmolive’s corporate identity.
In sum, Colgate started with the standard 10% tithe, but as his wealth grew, he gave up to 50% of his earnings, becoming one of the early examples of the idea that prosperity and generosity are interconnected.