A study conducted by the Women’s Philanthropy Institute revealed that high-net-worth women tend to provide larger donations to causes benefitting girls and women as a means to generate societal change. Researchers involved in the study interviewed 23 high-net-worth women who had donated over $1 million to causes aimed specifically at helping women and girls. Survey participants believed that each step of their unique philanthropic journey was a continual learning experience; prior steps were meant to build on so the next step might be better than the last. An excerpt from the report expresses that women “are more likely to give to women’s and girls’ causes and give larger amounts to these causes, and are more likely to report giving to domestic violence organizations, women’s centers, LGBT rights, cancer care and research, and economic opportunities for women and girls.”
See Heidi P. Werner, Wealthy Women Embrace Risks in Philanthropy, Financial Advisor, February 16, 2018.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.) for bringing this article to my attention.
