Individuals Preserve Philanthropy-Even in Downturn
Barclays Wealth recently released Tomorrow’s Philanthropist, a study of high net worth individuals, defined as those with investable assets of $1 million or more. Of particular interest is its finding that philanthropy is more resilient to downturns than other activities like luxury purchases and eating out. It shows that philanthropists consider their giving a key expense, even during, perhaps especially during, economic downturns.
Click here to read the entire report from Barclays Wealth.
To read an excerpt from the report, click here.