Browsing by Subject "high net worth giving"

Now showing 1 - 3 of 3
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    The 2016 U.S. Trust ® Study of High Net Worth Philanthropy
    (2016-10-25) Osili, Una; Clark, Chelsea; St. Claire, Mallory; Bergdoll, Jonathan
    The 2016 U.S. Trust® Study of High Net Worth Philanthropy reveals consistent trends in the giving and volunteering behaviors of high net worth individuals and households from previous years, as well as departures from past trends. Most (91.0 percent) high net worth households gave to charity in 2015, and nearly half (49.7 percent) of high net worth individuals volunteered their time. On average, high net worth households gave $25,509 to charity in 2015. By comparison, households in the general population gave $2,124 in 2015.
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    Economic Effects on Million Dollar Giving
    (2014-12) Osili, Una; Ackerman, Jacqueline; Li, Yannan
    This study investigates the impact of economic factors on the number of charitable gifts of one million dollars or more within the United States using the Million Dollar List dataset. We investigate key donor groups: individuals, corporations, and foundations. Results indicate that individual donors are particularly responsive to underlying economic conditions; giving by foundations tends to be counter-cyclical, and corporate giving is not significantly associated with macroeconomic factors. We also find that economic conditions vary in their influence on giving to subsectors, and gifts to public benefit and human services organizations increase significantly during periods of recession. Findings from our study have direct implications for philanthropists, fundraisers, and policy makes as they seek to understand how economic conditions impact large gifts.
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    Literature Review on High Net Worth Philanthropy
    (2011-10) Osili, Una
    Philanthropic activity among high net worth individuals has received much attention in recent years, becoming the focus of scholarly research and policy interest. High net worth philanthropy has received media attention with a number of stories about wealthy individuals making substantial pledges or contributions. High-profile donors and the efforts of philanthropists such as Oprah Winfrey, George Soros, and Ted Turner, among others, have generated a renewed interest in the idea of the wealthy giving away large portions of their fortunes to charitable causes.