Women Donors Philanthropys Untapped Resource March 11 2014 Kathleen Loehr Managing Director Orr Associates Inc OAI My WiP Background Presidents Council on Cornell Women American Red Crosss Tiffany Circle ID: 365008
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Copyright © 2014 Orr Associates, Inc. All Rights Reserved.
Women Donors:
Philanthropy’s Untapped Resource
March 11, 2014
Kathleen
Loehr
, Managing Director
Orr Associates, Inc. (OAI)Slide2
My “WiP” BackgroundPresident’s Council on Cornell Women
American Red Cross’s Tiffany Circle
Women & Philanthropy Conferences
The Advisory Council for the Women’s Philanthropy InstituteOAI
Copyright © 2014 Orr Associates, Inc. All Rights Reserved.
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AgendaWomen’s Economic Impact
How Women Give
Results of Women’s Philanthropy
Considerations for the Women’s Fund
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Women’s Economic Impact
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Two of every five businesses in this country – more than 10 million enterprises – are women-owned
Originally
from Foundation Center WIP Presentation; sourced from
Fem-anthropy: Women’s Philanthropic Giving Patterns and Objectives
, 2010
Women as Business Owners
Their combined wealth is estimated to be more than
$6 trillion
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Women own 43% of stock portfolios with values over $50,000
Women own 45% of investments in other markets
Source: Jewish Federation of North America,
National Women’s Philanthropy: Philanthropic Profile
, July 2011
Women own a majority of all stocks traded on the NY Stock Exchange
Women as Wage Earners
& Investors
Women control nearly
60%
of the wealth in the United States
Source:
“Women’s Wealth and Philanthropy,” Virginia Polytechnic Institute and State University, 2012
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Women as Decision Makers
Women
are increasingly the decision makers when it comes to philanthropy: in nearly
90%
of high net-worth households, women either are the sole decision maker or an equal partner in decisions about charitable
giving
Source:
Women
, Money, and Philanthropy; Foundation Center WIP Presentation;
Fem-
anthropy
: Women’s Philanthropic Giving Patterns and Objectives, 2010; and Jewish Federation of North America, National Women’s Philanthropy: Philanthropic Profile, July 2011
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75%
of all household purchasing decisions are made by women
Source:
The Wall Street Journal, “Who Makes the Call at the Mall,” 2010Slide8
Women will inherit 70% of the intergenerational wealth in the next 50 years
Many
women will inherit twice – from their parents and then from their
male significant others
.
Women with earned assets are more likely than any group to put money and time into philanthropic endeavors
Women as Inheritors
Sources:
Foundation Center WIP Presentation; sourced from
Fem-anthropy: Women’s Philanthropic Giving Patterns and Objectives
,
2010;
Women, Money, and Philanthropy
8
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How Women Give
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Women’s Distinct Perspectives
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Designing Your Efforts for Women
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Source: Mangone & Co.,
Women in Philanthropy Program at the American Red CrossSlide12
Results of Women’s Philanthropy
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SuccessesAmerican Red Cross
Tiffany Circle
Jewish Federation of North America
Lion of Judah Cornell UniversityPresident’s Council of Cornell Women
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Considerations for the Women’s Fund
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Thoughts to ConsiderWhat are YOU doing….
To make philanthropy mission driven and tangible?
To provide women with opportunities to create change through their giving?
To make the community aware of women’s value, both as donors and as leaders?
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Thank you—
To the Community Foundation of
Tompkins County
and
To the Community of Ithaca
The Impact of the Ithaca CommunitySlide17
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Questions? Comments?
Kathleen
Loehr
(
202)
719-8051
kloehr@oai-usa.com