The 2012 Bank of America Study of High Net Worth Philanthropy

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Date
2012-11
Authors
Bank of America
IU Lilly Family School of Philanthropy
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American English
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Abstract

The 2012 Bank of America Study of High Net Worth Philanthropy examines the giving patterns, priorities, and attitudes of America’s wealthiest households for the year 2011. This study, the fourth in a series written and researched by the Center on Philanthropy at Indiana University in partnership with Bank of America (in particular, U.S. Trust, Bank of America Private Wealth Management), builds on previous studies issued in 2006, 2008, and 2010. In addition, this partnership has produced two other reports — the 2011 Study of High Net Worth Women’s Philanthropy and the Impact of Women’s Giving Networks and the 2006 Bank of America Study of High Net Worth Philanthropy: Portraits of Donors. Together, all of these studies provide valuable information about high net worth giving across multiple dimensions to be used by nonprofit professionals, charitable advisors, donors, and others interested in philanthropy and the nonprofit sector.

Description
This study’s main purpose is to provide understanding about the philanthropic patterns of high net worth donors and households. In the study, any household with an income less than $200,000 or a net worth of less than $1,000,000 (excluding the value of their primary residence) was excluded from analysis. In addition, primary residence for all respondents had to be in the United States. After excluding high net worth households that did not qualify because they did not meet the income, wealth, or region criteria, the final sample was 701.
Keywords
High Net-Worth Philanthropy, Bank of America, Giving, Giving
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Bank of America
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https://hdl.handle.net/1805/5708
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High Net Worth Philanthropy