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Discover a fresh perspective on charitable giving among wealthy millennials and Gen Zers in a recent study. These young donors are more than just financial supporters – they are activists, volunteers, fundraisers, and mentors for causes they believe in.
A survey conducted by Bank of America Private Bank revealed that individuals under 43 with over $3 million in investible assets are reshaping philanthropy. They seek public recognition for their contributions and actively engage with the organizations they support.
This shift in giving patterns and preferences is set to transform the charitable sector, as the next generations prioritize impact over traditional methods of donation. Stay informed about this evolving trend by signing up for CNBC’s Inside Wealth newsletter with Robert Frank.
2024-10-10 14:11:15
Post from www.cnbc.com