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Philanthropy

A woman with strong family business links has topped the list of the most generous American donors in 2011, despite dying in 2006

A woman with strong family business links has topped the list of the most generous American donors in 2011, despite dying in 2006.

High net worth individuals take on average 36 days to decide whether to give money to a charity and 55 days to buy a new luxury car, watch or piece of jewellery.

High net worth individuals take on average 36 days to decide whether to give money to a charity and 55 days to buy a new luxury car, watch or piece of jewellery.

High net worth women are responsible for the majority of wealthy family’s philanthropic decisions and often take a more cautious approach to giving than men, according to research by Bank of America Merrill Lynch.

High net worth women are responsible for the majority of wealthy family’s philanthropic decisions and often take a more cautious approach to giving than men, according to research by Bank of America Merrill Lynch. 

High net worth individuals in the UK, some of them family business members, are the biggest donators of £1 million (€1.17 million) or more to charities in the country, despite an overall decline in giving, according to a report by private bank Coutts.

High net worth individuals in the UK, some of them family business members, are the biggest donators of £1 million (€1.17 million) or more to charities in the country, despite an overall decline in giving, according to a report by private bank Coutts.

Family businesses are playing a greater role in family foundations, but more needs to be done to ensure family non-profits can become “fundamental and widespread” against a backdrop of increasing economic uncertainty, according to a report.

Family businesses are playing a greater role in family foundations, but more needs to be done to ensure family non-profits can become “fundamental and widespread” against a backdrop of increasing economic uncertainty, according to a report. 

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