A Deluge of Wealth | Rich Floridians - Florida Trend

A Deluge of Wealth | Rich Floridians - Florida Trend: Rich Floridians
Philanthropy: A Deluge of Wealth
Wealth transfer in the next 10 years could total $322 billion.

Why the Rich Don't Give to Charity - Ken Stern - The Atlantic

Why the Rich Don't Give to Charity - Ken Stern - The Atlantic: It is not. One of the most surprising, and perhaps confounding, facts of charity in America is that the people who can least afford to give are the ones who donate the greatest percentage of their income. In 2011, the wealthiest Americans—those with earnings in the top 20 percent—contributed on average 1.3 percent of their income to charity. By comparison, Americans at the base of the income pyramid—those in the bottom 20 percent—donated 3.2 percent of their income. The relative generosity of lower-income Americans is accentuated by the fact that, unlike middle-class and wealthy donors, most of them cannot take advantage of the charitable tax deduction, because they do not itemize deductions on their income-tax returns.

Philanthrop Sector on the Mend when Sandy Hit - Penta - Barrons.com

Philanthrop Sector on the Mend when Sandy Hit - Penta - Barrons.com: Sandy’s aftermath will certainly challenge the resources of the public and non-profit sectors, but, for what’s it’s worth, the philanthropic industry was well on the mend before the hurricane hit, despite the nation’s continued economic weakness. That at least is the underlying message of the latest relevant study.

The 2012 Bank of America Study of High Net Worth Philanthropy, in partnership with the Center Philanthropy, questioned 700 rich folk with liquid assets of $1 million or more. The results released in this biennial study this week reflect philanthropic behavior among the wealthy in 2011.

Million-Dollar Donations Are on the Decline in 2012 - The Giveaway - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Million-Dollar Donations Are on the Decline in 2012 - The Giveaway - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: America’s wealthy are in a less generous mood so far this year.

The number of donations of $1-million or more has dropped 8 percent since the beginning of 2012 compared with the same period last year, according to a Chronicle tally.

Study Finds Generation Gap Among Wealthy Americans' Financial Planning | PND | Foundation Center

Study Finds Generation Gap Among Wealthy Americans' Financial Planning | PND | Foundation Center: Study Finds Generation Gap Among Wealthy Americans' Financial Planning

Unlike younger and older high-net-worth Americans, nearly half of wealthy baby boomers do not believe it is important to leave an inheritance for their children, a new report from U.S. Trust, a division of Bank of America, finds.

American Rich Lead the World in Philanthropy - The Wealth Report - WSJ

American Rich Lead the World in Philanthropy - The Wealth Report - WSJ: "What accounts for the fact that the American rich lead the world in philanthropy?

Are they more generous? Does religion play a role? Is it all just a matter of tax breaks?

The answer is probably more complex than anything we could explain in a blog post. Still, a new survey from Barclays Wealth shows the extent to which the American rich lead the world in giving. Of course, the U.S. has about a third of the world’s millionaires and they control trillions of dollars in wealth. Anyway, here is the ranking of the percentage of millionaires who said that philanthropy is one of their top three spending priorities:"

Charitable giving by wealthy households falls 35% in 2009 - Nov. 9, 2010

Charitable giving by wealthy households falls 35% in 2009 - Nov. 9, 2010: "NEW YORK (CNNMoney.com) -- As the recession whacked the economy, charitable giving by even the wealthiest Americans took a substantial hit, according to a study released Tuesday.

Although 98.2% of high net worth households donated to charity in 2009, they gave substantially less than in the years before, according to a survey for Bank of America Merrill Lynch by the Center on Philanthropy at Indiana University."

Six Types of Wealthy Donors - Resource Center - AFP

Six Types of Wealthy Donors - Resource Center - AFP: "Six Types of Wealthy Donors

(Jan. 12, 2010) A new study identifies six types of high net worth donors and explains what motivates them to give."