A number of very good “trends in philanthropy” studies have been conducted over the last couple of years. Below are highlights from a compilation of several reports.*
Gen X-ers and Millennials Could be the Most Significant Philanthropists Ever
- The wealthiest 10% of Americans now own 75% of all the wealth in the country, while the wealthiest 1% own an astonishing 43%. And the wealth gap is growing. The 30th Annual Forbes Billionaires List states that there are 540 billionaires in the U.S.
- If current trends continue, donors from Gen X-ers and Millennials (those in their 20s,