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Women in Leadership and Philanthropy

Women's Wealth and Philanthropy

Did You Know?

• Nationwide, 56 percent of all students earning bachelor's degrees are women.
• Women control more than 51 percent of the wealth in the United States.
• There are more than half a million women with personal incomes of $100,000 or more.
• The Center for Women's Business Research reports that there are currently 10.6 million women-owned businesses in the United States, employing 19.1 million people.
• Women business owners are more likely to participate in volunteer activities and to encourage their employees to volunteer than their male counterparts.
  • Seven in 10 volunteer at least once per month.
  • Thirty one percent contribute $5,000 or more to charity annually.
  • Fifteen percent give $10,000 or more.
• Today, women own 43 percent of all stock portfolios with values over $50,000 and 45 percent of all investments in other markets.
• Women outlive men by an average of seven years. An estimated 85 to 90 percent of women are left in charge of family financial affairs.

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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