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Next generation philanthropy; family foundations; strategic philanthropy; high impact philanthropy; effective philanthropy; collaborations; high-net-worth individuals; social impact
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I'M Not Rockefeller: Implications For Major Foundations Seeking To Engage Ultra- High-Net-Worth Donors, Katherina M. Rosqueta, Kathleen Noonan, Miriam Shark
I'M Not Rockefeller: Implications For Major Foundations Seeking To Engage Ultra- High-Net-Worth Donors, Katherina M. Rosqueta, Kathleen Noonan, Miriam Shark
The Foundation Review
· This article describes how a group of 33 ultrahigh- net-worth philanthropists (UHNWPs) approach their giving.
· A few key areas dominated their giving priorities: education; health; poverty and social welfare; and children/youth initiatives each were a priority for more than a quarter of participants – with education expressed as an interest of 55 percent.
· A third of the 24 who responded to the question spent less than 10 percent of their full working time devoted to philanthropy, and 13 dedicated less than 20 percent of their working time.
· UHNWPs view their peers as their most trusted information …