Affluent Investing
Philanthropy
Obligation to Share Wealth as a Reason for Charitable Giving Obligation to Share Wealth as a Reason for Charitable Giving |
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Spectrem Group research* has shown that more than one-third of Ultra-High Net Worth investors feel obligated to share a portion of their wealth through charitable giving. This obligation is felt most strongly among those households with a net worth of $25 MM or more. Nearly one-half of this group strongly agreed that they felt obligated to share their wealth in this way compared to one-third of those with a household net worth of $5-$10 MM. Discuss this article on the forums. (0 posts)
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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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