5 Trends in High-Net-Worth Philanthropy

Wealthy families and organizations are giving more to charity but also targeting funding to fewer grants in their efforts to create bigger impacts.

A heart knickknack sits on top of a stack of hundred-dollar bills.
(Image credit: Getty Images)

Philanthropy is an increasingly important part of people’s financial pictures. It allows individuals to link their personal goals and values to the way they save, invest and spend their money. For “high-net-worth” families, it’s an opportunity to unify a shared legacy for generations to come. Let’s look at some recent trends in high-net-worth philanthropy.

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Hannah Shaw Grove
Chief Marketing Officer, Foundation Source

Hannah Shaw Grove is the chief marketing officer of Foundation Source, founder of "Private Wealth" magazine and author of 11 data-based books and hundreds of reports and articles on topics relating to the creation, management, disposition and transfer of wealth. Hannah has previously been the chief marketing officer at Apex Clearing, iCapital Network and Merrill Lynch Investment Managers and is a cum laude graduate of Harvard University. She holds the FINRA Series 6, 7, 24, 26 and 63 licenses.