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With the passage of the Tax Cuts and Jobs Act and recent trends in stock market performance over time, Americans can expect major changes in the landscape of charitable giving in the coming years, The Philanthropy Outlook 2018 + 2019 indicates. It shows that the strength of the U.S. economy and recent changes to federal tax policy will be the key forces to watch as the 2018 philanthropy picture unfolds.
High-net-worth women who give $1 million or larger gifts to causes that benefit women and girls share certain key characteristics when it comes to their giving, a new study released today by the Women’s Philanthropy Institute reports. The women: • Engage in significant education and research before making their gifts; • Make strategic funding decisions focused on driving systemic change; and • Are willing to take risks with their philanthropy.
