The Women's Philanthropy Institute assists women in transforming
their thinking by realizing their philanthropic potential, therefore
unleashing resources and the possibility to transform the world.
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The IRS reported in 2005 for 2001 figures that 3.4 million or 46.3% of
the nation's top wealth holders were women. This represents a 36% increase
from the prior reporting in 1998. The IRS defines top wealth holders as
individuals with gross assets in excess of $675,000. These women had a
combined net worth of 6.291 trillion, an increase of nearly 50% from that
reported in 1998.
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In 2006 the Center for Women’s Business Research estimated that
there are about 10.4 million privately-held, 50% or more women-owned
firms in the United States, accounting for two in five (40.2%) of all
businesses in the country. These firms generate $1.9 trillion in annual
sales and employ 12.8 million people nationwide.
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Because women live longer than men, they will end up in charge of much
of the $41 trillion expected pass from generation to generation over
the next fifty years.
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According to Diversity Best Practices & Business Women’s Network, women
are responsible for 83% of all consumer purchases.
Much world-changing power is in these numbers, once every woman fully
discovers her own giving capacity - and strategically and intentionally
gives to the causes that impassion her.
Based on the material and statistics we received, it would be very
prudent for other universities to get engaged in women’s philanthropy
initiatives.
- Pat L. (New York)
Research also demonstrates the potential for women’s philanthropy.
- The Center on Philanthropy’s evidence supports the theory that gender
differences in philanthropy are indeed real. A study conducted by Center staff
indicates that single women are significantly more likely than single men
to make a philanthropic gift.
- Results also show married men and married women are both more likely
to give and to make larger gifts than single men, indicating that women's
propensity for giving influences the philanthropic habits of their husbands.
- Reliable evidence also shows women who participate in donor education
programs are more likely to give larger gifts, to give unrestricted gifts,
to develop a long-term giving plan, and to hold leadership roles on nonprofit
boards.
