Luxury Marketer
  1. Death of the agency model – and what replaces it Open to all readers
  2. Rise of ‘landmaxxing,’ widening wealth divide up in midyear review of US luxury real estate market: report
  3. HENRYs, while not self-identifying as rich, see themselves as connoisseurs of high-end objects, experiences: report
  4. Consumer mix to shift to 50-50 split between top tier, aspirationals as luxury growth is back on track: report
  5. The Hyderabad Paradox: Where India’s fastest-growing luxury demand has run ahead of its infrastructure
  6. Richemont sales up 20pc to $7.1B for Q1 2026, buoyed by growth across lines and regions
  7. Why luxury brands must pay attention to the branded residences opportunity: report
  8. Argentina: Reopening of a sleeping giant for luxury
  9. More connected, data-led and performance approach to influence business travel: trends
  10. Hennessy, bowing to contemporary tastes, enters new spirits category in company-first
  1. Death of the agency model – and what replaces it 
  2. Richemont sales up 20pc to $7.1B for Q1 2026, buoyed by growth across lines and regions
  3. New challenge for brands: Cost of running AI at scale
  4. African diasporic art show aims ambitiously to widen circle of private collectors beyond community 
  5. Global superyacht industry turns into $62B economic force with influence beyond tourism: report
  6. 5 steps for leaders to unleash their team’s strengths
  7. Only 5 days left! Register now for Luxury Roundtable's real estate summit
  8. Is luxury losing its luster as US affluent consumers’ priorities shift?
  9. Headlines: Hermès, luxury training, Diwali, Chinese shoppers
  10. Why 42pc of luxury brands are stuck in pilot purgatory
Comment

Philanthropy

Affluent women influence 85pc of philanthropy decisions: Bank of America

October 9, 2023

The vast majority of affluent women say they sometimes or always consciously align their purchasing decisions with their values. Image credit: Shutterstock The vast majority of affluent women say they sometimes or always consciously align their purchasing decisions with their values. Image credit: Shutterstock

 

By Staff reports

Eighty-five percent of affluent households gave to charity in 2022 with the value of their average gifts rising 19 percent above pre-pandemic levels, according to a new 2023 Bank of America Study of Philanthropy.

This content is accessible only to subscribers of Luxury Marketer. We would love for you to become a subscriber and enjoy the many benefits soon after. Please click here to enroll as a subscriber of Luxury Marketer. Already a subscriber?
 
NEW INTELLIGENCE

MOST READ
  1. Death of the agency model – and what replaces it 
  2. Richemont sales up 20pc to $7.1B for Q1 2026, buoyed by growth across lines and regions
  3. New challenge for brands: Cost of running AI at scale
  4. African diasporic art show aims ambitiously to widen circle of private collectors beyond community 
  5. Global superyacht industry turns into $62B economic force with influence beyond tourism: report
  6. 5 steps for leaders to unleash their team’s strengths
  7. Only 5 days left! Register now for Luxury Roundtable's real estate summit
  8. Is luxury losing its luster as US affluent consumers’ priorities shift?
  9. Headlines: Hermès, luxury training, Diwali, Chinese shoppers
  10. Why 42pc of luxury brands are stuck in pilot purgatory


MORE IN Philanthropy
Luxury brands neglecting cultural venues where more UHNWIs are spending time: report
May 26, 2026
British beauty brand delilah is title sponsor of Guards Ladies Charity Polo Day in new 3-year deal Open to all readers
March 25, 2026
Global luxury to post flat growth at $1.6 trillion for 2024, sheds 50M customers in 2 years
November 13, 2024
Generational, gender divides in charitable giving among affluent US consumers
October 10, 2024
Bénédicte Épinay, CEO of Comité Colbert, on why sustainability is key to the future of French luxury brands
February 28, 2024
Global UHNWI number up 4.2pc, millennials to be richest gen ever in 20 years, art best-performing asset class in 2023: Wealth Report
February 28, 2024



RECENT INTELLIGENCE
Death of the agency model – and what replaces it Open to all readers
July 21, 2026
Rise of ‘landmaxxing,’ widening wealth divide up in midyear review of US luxury real estate market: report
July 21, 2026
HENRYs, while not self-identifying as rich, see themselves as connoisseurs of high-end objects, experiences: report
July 20, 2026

The Hyderabad Paradox: Where India’s fastest-growing luxury demand has run ahead of its infrastructure
July 20, 2026
Richemont sales up 20pc to $7.1B for Q1 2026, buoyed by growth across lines and regions
July 15, 2026
Why luxury brands must pay attention to the branded residences opportunity: report
July 13, 2026