Surveys & Polls / Women and Money

Poll Shows 20% of Women have MORE Money to give to Charities in 2008!

In a recent poll conducted by WE Magazine for Women, 20% of Respondents have more money to give to Charities in 2008!

“When women are fully involved, the benefits can be seen immediately; families are healthier; they are better fed; their income, savings and reinvestment go up. And what is true of families is true of communities, and eventually, of whole countries.” Kofi Annan

 

103 women responded to our poll asking about what they plan for their philanthropic practices in Business for 2008. The results follow: 85% of the women said they will continue to support their favorite charities, 72% of the women responded that it is important for them to do business with companies that support charities,  51% said they have more time than money to give to charities, 20% said they have more money to give to charities in the coming year and 9% of the respondents said they are not in a position to contribute this year.

Although I don’t have data to back it up, I believe most women feel they are spread too thin because they want to support as many community organizations and nonprofits as possible.  And so they are not able to give as much as they’d like to causes that come along they find worthy of supporting.  Martha Taylor, Vice President, University ofWisconsin Foundation wrote an interesting article on the topic: “Facts About Women, Wealth and Giving Eight Strategies for More Effective Giving.”

Here are two of her strategies:

  1. Begin your philanthropy as early in life as possible. Even if you can’t give as much as you’d like, your gifts will add up and begin to form your legacy.
  2. Find your passion, and focus your gifts, rather than scattering them. Think about two or three areas or causes you want to support, and make this your philanthropic mission. Not only will your gifts have more impact, but you will find your giving more satisfying.

To read the other six strategies visit: http://www.ohio.edu/development/women/wealthgiving.cfm

If you are interested in more information, here are four online organizations that provide women with programs and services to enhance their knowledge of philanthropy.

Women’s Philanthropy Institute
is a leader in donor-centered education for women. With a cadre of experienced presenters and an extensive knowledge base, WPI’s programs and services are designed to unleash women’s philanthropic power.

Women in Philanthropy at University of Michigan

Learning to Give

Women in Philanthropy  

 

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3 Comments

  1. Claudia @ HerBulletin says:

    Great article.

    My husband and I have always believed in the principle of tithing taught in the Bible, and do our best to give in this way.

    It’s so easy when you begin to receive more, to think that you have more for yourself, and not to remember that you now have more to give!

    God bless, happy weekend!

    Claudia

  2. Nice Article.

    For those of us in a service industry it is also important to remember that we can give our service to those who would benefit, but can not afford.

    Thanks for the article!
    Jodi Rosenberg
    Life Coach and Speaker
    http://www.jodirosenberg.com

  3. This article and poll re-enforce our belief that women by nature freely share and give back to others, especially when the giving back is in alignment with their passion in life. It is truly gratifying to know that women are so willing to give more in both time and money in the coming year.

    This is in line with Women’s Support TEAM evolving charitable arm – The 1000 Women Can Change the World Initiative through which women can give of their time and expertise in creating digital information for worldwide dissemination, as well contribute to funding of the Initiative. The concept behind this Initiative is that when we educate women, we are in essence educating their family, friends and others… because by nature women freely share their knowledge with others…thus, leaving a legacy for their children, grandchildren and generations to come.

    Thank you for this excellent article with all of its resources.

    Paula Constantino
    CEO & Founder
    WomensSupportTeam.com

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