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Women's Wealth and Philanthropy


A photo of women getting to know each other at a reception at The Grove Women get to know each other at a reception at The Grove.

Did You Know?

  • According to the U.S. Department of Education, in the 2005-06 school year, women made up:
    • 57.5 percent of all students earning bachelor's degrees.
    • Nearly 60 percent of students earning master’s degrees.
    • 48.9 percent of students earning Ph.D.s.
  • Women control nearly 60 percent of the wealth in the United States.
  • There are more than half a million women with personal incomes of $100,000 or more.
  • More than 10 million firms in the United States are majority or equally owned by women.
  • According to the National Association of Women Business Owners and the Small Business Administration, women employ approximately 27 million Americans.
  • The number of wealthy women in the U.S. is growing twice as fast as the number of wealthy men.
  • Women represent more than 40 percent of all Americans with gross investable assets above $600,000.
  • 45 percent of American millionaires are women.
  • 48 percent of estates worth more than $5 million are controlled by women, compared with 35 percent controlled by men.
  • 60 percent of high net worth women have earned their own fortunes.
  • Some estimate that by 2030, women will control as much as two-thirds of the nation’s wealth.

According to the Women's Philanthropy Institute:

  • Because women live longer than men, they will end up in charge of much of the $41 trillion expected pass from generation to generation over the next 50 years.
  • According to Diversity Best Practices & Business Women's Network, women are responsible for 83 percent of all consumer purchases.
  • The Center on Philanthropy's evidence supports the theory that gender differences in philanthropy are indeed real. A study conducted by center staff indicates that single women are significantly more likely than single men to make a philanthropic gift.
  • Results also show married men and married women are both more likely to give and to make larger gifts than single men, indicating that women's propensity for giving influences the philanthropic habits of their husbands.
  • Reliable evidence also shows women who participate in donor education programs are more likely to give larger gifts, to give unrestricted gifts, to develop a long-term giving plan, and to hold leadership roles on nonprofit boards.

For more information on women and philanthropy, please visit the Women's Philanthropy Institute at Indiana University.

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Click here to get contact information for the administrators for the WLP program.

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