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Bank of America Merrill Lynch

December 13, 2011

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.

The 2011 Study of High Net Worth Women's Philanthropy, released on 12 December, found that in 90% of high net worth households, women either make decisions about giving to charities on their own or as an equal partner.

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