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Review of Charitable Giving by Affluent Households

Review of Charitable Giving by Affluent Households – Part 2

What is this Report?

The 2023 Bank of America Study of Philanthropy report is the 9th biennial examination about philanthropic attitudes, priorities, and more for affluent US households in 2022. It is written as a collaboration between Bank of America and the Indiana University Lilly Family School of Philanthropy. It is based on 1,623 wealthy US households, defined as either a net worth $1M+ or annual household income of $200K+. The average mean income was $523,472 and average mean wealth of $31M.

The report was full of so much valuable information, we decided to split it into two blog posts.

Read More »Review of Charitable Giving by Affluent Households – Part 2
Review of Charitable Giving by Affluent Households

Review of Charitable Giving by Affluent Households – Part 1

What is this Report?

The 2023 Bank of America Study of Philanthropy report is the 9th biennial examination about philanthropic attitudes, priorities, and more for affluent US households in 2022. It is written as a collaboration between Bank of America and the Indiana University Lilly Family School of Philanthropy. It is based on 1,623 wealthy US households, defined as either a net worth $1M+ or annual household income of $200K+. The average mean income was $523,472 and average mean wealth of $31M.

Read More »Review of Charitable Giving by Affluent Households – Part 1

Introducing Volatile Opportunity: A Guide to Cryptocurrency and Fundraising 

Buy Now

It’s been a bumpy road for cryptocurrency over the past year. In 2021, cryptocurrency did not seem to have any limit to its heights but in 2022, the crash came. Many predicted it was the end of crypto. But 2023 has been an interesting year with the price of Bitcoin rising again. The Giving Block, a full-service crypto exchange solution provider, predicts that over $1B in cryptocurrencies will have been donated by 2027. Boston Consulting Group forecasts that the crypto market will grow significantly by 2030. 

What does this mean for the fundraising world? Opportunity! It’s a chance to raise additional funds, engage new donors who may not have been interested in philanthropy anymore, and find new ways of fundraising. It’s volatility and risks. But there are ways to mitigate and manage risk. 

Read More »Introducing Volatile Opportunity: A Guide to Cryptocurrency and Fundraising 

Neon One’s Donors: Understanding The Future of Individual Giving – Part 2

NeonOne set out to understand what individual giving looks like in the post-pandemic world. By reviewing many sources including academic journals, industry reports, blogs, and more, they have synthesized six questions:

  • Who are our donors?
  • What do our donors support?
  • When do our donors give?
  • Where are our donors?
  • Why do our donors give?
  • How do our donors give?

In Neon One’s Donors: Understanding The Future of Individual Giving – Part 1, we focused on the first three questions. In this Part 2, we are focusing on the last three questions.

Read More »Neon One’s Donors: Understanding The Future of Individual Giving – Part 2

Wealth X Report: Billionaire Census

In its seventh edition, the Wealth-X Billionaire Census looks at the billionaire class throughout the world. The report looks at both how billionaires fared in 2019 as well as how they are doing in 2020 with the coronavirus and economic setbacks.