Giving Compass' Take:
- According to a study based on more than 1,000 private foundations over the past 24 months, here are five ways that high-net-worth families are stepping up their charitable giving.
- How can family philanthropists alter their giving strategies to meet the multiple crises happening in 2021?
- Learn why high-net-worth donors are poised for impact investing.
What is Giving Compass?
We connect donors to learning resources and ways to support community-led solutions. Learn more about us.
Family philanthropy is a key driver of social change and a great way for high-net-worth (HNW) families to clarify their values, commit to a mission and work collaboratively across generations to build and protect their legacies.
We recently analyzed the grantmaking activities of more than 1,000 private foundations over the past 24 months to understand how and where wealthy families are focusing their giving. Our findings provide a benchmark for affluent philanthropists and the advisers who support them.
Here are our top five discoveries about HNW donors:
- They don’t just give the minimum
- They’re increasingly generous
- They will answer the call
- They're loosening the reins on how their dollars are spent
- Their resources are growing
Read the full article about high-net-worth family donors by Hannah Shaw Grove at Kiplinger.