Last year’s report on philanthropy among high net worth donors, published by the U.S. Trust and the Indiana University Lilly School of Philanthropy revealed some findings that might nudge us to update some of our assumptions about the correlations between wealth indicators and giving capacity.
- 85% of wealthy individual donors plan to give at least as much in the next 3-5 years as they have in the past. The chief reason cited was financial giving capacity.
- 81% of wealthy individual donors expect the organizations they support to spend an appropriate amount of their budgets on general administration and fundraising.
- 57% of wealthy individual donors have used a giving vehicle or plan to establish one to achieve their charitable goals.
- Average annual giving as a percentage of income is about 8%.
To read the report, click on the image above.