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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.

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NEW INTELLIGENCE

MOST READ
  1. Future of luxury goods is AI-powered transformation: report
  2. Luxury fashion sector needs to reinvent amidst widespread global slowdown
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  4. Future of refrigeration in the luxury home – and what consumers are telling brands
  5. 1 week left! Claim your spot at Luxury Roundtable's Sept. 25 summit
  6. Report: US luxury retail expansion to continue unabated
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