View All (3) Articles Tagged As:  High Net Worth

Generosity for Impact: Solving the World’s Greatest Problems

Generosity for impact means working to solve the world's biggest problems

Have you heard the term megaphilanthropist? I hadn’t either until I read a Chronicle of Philanthropy article about what billionaire philanthropists are focusing their charitable efforts on, titled “Betting on Tomorrow.” These men and women have the vision to use their resources to  »  Read More

Category: Generosity Continue »

50% of High-Net-Worth Families Have Not Disclosed Wealth to Their Children

A September 2016 article in the Harvard Business Review notes that over 50% of high-net-worth families have not told their children about their wealth.¹ Why is it hard to talk to our children about our wealth? I remember when my son was in high school. He took a personal finance class, and he  »  Read More

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6 Facts for Understanding High Net Worth Giving

Smartphone showing stock price information

A 2014 study by US Trust/Bank of America and the Indiana University Lilly School of business revealed 6 key facts related to high net worth givers: On the positive side, giving by high net worth households increased by 28.1 percent with an average gift of $68,580. On the other hand, giving as a  »  Read More