Here are 10 things you need to know about the generosity of women, thanks to Mary Jovanovich of Schwab Charitable:
- 62% of women are the primary sources of household wealth
- 40% of women out earn their husbands
- 47% of all businesses are owned by women
- Women will inherit over $28 Trillion in the next four decades
- By the year 2030, women will control 2/3 of all wealth in America
- 92% of women are the sole or equal partner in household decisions about giving
- Women give double the amount of men (3.5% annually vs. men who give 1.8%)
- Women are statistically more deliberate about budgeting and financial planning
- Women enjoy pooling their charitable gifts with other women to create impact
- Women are more likely to use Impact Investing as a philanthropic plan
