Luxury Roundtable
Comment

Philanthropy

Affluent women influence 85pc of philanthropy decisions: Bank of America

October 9, 2023

The vast majority of affluent women say they sometimes or always consciously align their purchasing decisions with their values. Image credit: Shutterstock The vast majority of affluent women say they sometimes or always consciously align their purchasing decisions with their values. Image credit: Shutterstock

 

By Staff reports

Eighty-five percent of affluent households gave to charity in 2022 with the value of their average gifts rising 19 percent above pre-pandemic levels, according to a new 2023 Bank of America Study of Philanthropy.

This content is accessible only to members of Luxury Roundtable. We would love for you to become a member and enjoy the many benefits soon after. Please click here to enroll as a member of Luxury Roundtable. Already a member?
 
NEW INTELLIGENCE

MOST READ
  1. Aimée Ann Lou embraces conscious couture with wholly sustainable luxury footwear across entire value chain 
  2. Cautious Chinese buyers, putting global luxury on notice, divert spend towards homegrown brands 
  3. Art collector community globally growing younger, more diverse, female-influenced and confident 
  4. Orient Express to relive Golden Age with Art Deco-themed Italian hotels, sailing ship 
  5. Luxury brands reallocating marketing spend toward experiential, digital channels: report 
  6. Global luxury spending to stay flat at $1.66 trillion in 2025 as shopper base shrinks 
  7. Out-of-home advertising’s allure for luxury brands 
  8. Webinar March 20: Interior Designer Timothy Corrigan Talks Design Trends for Affluent 
  9. Webinar Feb. 21: McLaren, Vista and Fraser Yachts to talk cars, jets and yachts 
  10. Hermès Q3 sales up 16pc to $3.57B with sustained growth in Asia, Americas


MORE IN Philanthropy
What does Gen Z want from luxury? Take our survey and find out
October 22, 2026
Presentations + Photos + Sponsor Information from Luxury Roundtable and Luxury Marketer’s Luxury Real Estate and Design Summit 2026 October
October 22, 2026
Last chance to register for Luxury Real Estate and Design Summit New York
October 12, 2026
Announcing the 3rd annual Luxury Real Estate and Design Summit Oct. 14 in New York
September 21, 2026
1 week left to meet America’s leading luxury property developers!
September 8, 2026
2 weeks left! Register now for the Luxury Commercial Real Estate Summit NYC
September 1, 2026



RECENT INTELLIGENCE
What does Gen Z want from luxury? Take our survey and find out
October 22, 2026
Presentations + Photos + Sponsor Information from Luxury Roundtable and Luxury Marketer’s Luxury Real Estate and Design Summit 2026 October
October 22, 2026
Last chance to register for Luxury Real Estate and Design Summit New York
October 12, 2026

Announcing the 3rd annual Luxury Real Estate and Design Summit Oct. 14 in New York
September 21, 2026
1 week left to meet America’s leading luxury property developers!
September 8, 2026
2 weeks left! Register now for the Luxury Commercial Real Estate Summit NYC
September 1, 2026