October 21, 2014
Two studies of the philanthropic practices of high-net-worth
individuals give charitable organizations hope for the future: Both
reports say giving is up and will probably remain so.
The 2014 U.S. Trust Study of High Net Worth Philanthropy concludes, “Giving levels are up and the future looks bright.”
The UBS Investor Watch “Doing Well at Doing Good” comes to a similar conclusion and says, “In spite of the recent economic uncertainty, America's ‘giving gene’ remains intact, and donations of money have actually increased.”
Both reports were released Tuesday. The U.S. Trust study included 632 U.S. households with a net worth of $1 million or more and an annual income of $200,000 or more. The UBS survey included 1,372 investors with at least $1 million in investable assets and smaller groups of Gen Xers and millennials with less in investable assets. Both reports note that giving by wealthy individuals is up.
More - click here
The 2014 U.S. Trust Study of High Net Worth Philanthropy concludes, “Giving levels are up and the future looks bright.”
The UBS Investor Watch “Doing Well at Doing Good” comes to a similar conclusion and says, “In spite of the recent economic uncertainty, America's ‘giving gene’ remains intact, and donations of money have actually increased.”
Both reports were released Tuesday. The U.S. Trust study included 632 U.S. households with a net worth of $1 million or more and an annual income of $200,000 or more. The UBS survey included 1,372 investors with at least $1 million in investable assets and smaller groups of Gen Xers and millennials with less in investable assets. Both reports note that giving by wealthy individuals is up.
More - click here
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