Adjusting Level of Charitable Giving Based on Personal Financial Situation

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Adjusting Level of Charitable Giving Based on Personal Financial Situation

Spectrem Group research* has shown that more than one-fourth of Ultra-High Net Worth investors strongly agree that they adjust their level of charitable giving based on their current financial situations.

The proportion feeling this way varies as a function of net worth level. Those with a net worth under $25 seem to be more affected by their financial situation. Fewer than one in five of those with a net worth of $25MM or more felt that this attitude described them, compared to one-fourth of those with a net worth of $5-$10MM and three in ten of those with a net worth of $10MM to $25MM.

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Groups That Rate Charities

American Institute of Philanthropy publishes a “top-rated” link to many charities that have supplied documentation that at least 75% of their donations are used for charitable endeavors.

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