Only 9% of high-net-worth households reported that they would give less to charity over the next three to five years while almost a quarter, 24%, said that they expected to give more and 52% expected to keep giving at the same levels, according to early findings of the 2012 Bank of America Study of High Net Worth Philanthropy.
All Bank Investment Consultant articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, blog discussions, the iPad App, CE Exams, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our daily or weekly e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and growth strategies.