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Investments and Lifestyles of the Rich - Millionaire Corner

Tuesday
Jan 06th
Home arrow Affluent Investing arrow Philanthropy arrow Gender, Investable Assets, and the Importance of Charitable Giving

Gender, Investable Assets, and the Importance of Charitable Giving

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Ulta High Net Worth charitable giving.jpgSpectrem survey data suggests that gender-based attitudinal differences toward the importance of charitable giving within the Ultra High Net Worth investor population vary as a function of level of investable assets. 

While females (68%) are more likely than males (52%) to agree that making charitable contributions is important, among those with fewer than $5,000,000 in investable assets, a significant gender-based finding fails to materialize.  However, within those having investable assets of $5MM or more, females are dramatically more likely than males to hold this attitudes.

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Poll - Green Investing

What cause will you donate to mostly this year?
 

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.

 

Charity Guide rates charities in terms of how many dollars it costs to raise $100.  That is, what percentage of each dollar that makes it way to charity.

 

Charity Navigator rates 3,000 charities on a number of factors.

 

Give.org includes input from the Better Business Bureau Alliance.

 

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