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Town & Country Philanthropy Summit

Can philanthropy save us? Bank of America is proud to support this gathering of some of America’s greatest visionaries to share their plan.

Bank of America Private Bank is proud to support the Town & Country Philanthropy Summit. Our award-winning Philanthropic Solutions team provides individuals, families, and foundations with expertise, insights, and tools to pursue their philanthropic missions with confidence. Your vision is our priority. Philanthropic Solutions combines the breadth of our global insights, depth of national resources and intimacy of local knowledge to deliver customized solutions tailored to support your philanthropic vision.

 
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Giving with purpose

Explore the trends and statistics from the latest Bank of America Study of Philanthropy: Charitable Giving by Affluent Households on how affluent households continued to lead in charitable giving in 2022.

2023 Bank of America Study of Philanthropy

Experts discuss the findings from the 2023 Bank of America Study of Philanthropy: Charitable Giving by Affluent Households, conducted in partnership with Indiana University.

What causes/issues are most next generation individuals (Millennials and Gen Z, born 1981 or later) giving their philanthropic resources to?

Choose an answer from the following buttons

Correct

When selected by respondent: Correct. 28% of younger individuals give to educational causes, followed by climate change. In fact, younger individuals were significantly more likely to say that climate change and education were important to them compared to older Americans. For more information about the generational differences in giving behaviors, go to the Bank of America Study of Philanthropy.

Incorrect

Not exactly. Educational causes topped the list for younger individuals. However, younger individuals were twice as likely to select climate change as one of their top three most important issues compared to older individuals (26% and 13%, respectively). By contrast, older Americans were significantly more likely to select aging, disaster relief, health care, homelessness, religious life (e.g., a church, temple or mosque) and veterans’ affairs, compared to younger individuals. For more information about the generational differences in giving behaviors, go to the Bank of America Study of Philanthropy.

Institutional Investments & Philanthropic Solutions (also referred to as “Philanthropic Solutions” or “II&PS”) is part of Bank of America Private Bank, a division of Bank of America, N.A., Member FDIC and a wholly owned subsidiary of Bank of America Corporation (“BofA Corp.”).  Trust, fiduciary, and investment management services are provided by wholly owned banking affiliates of BofA Corp., including Bank of America, N.A. and its agents.

Some of the featured participants are not employees of Bank of America Private Bank and are not affiliated with Bank of America Private Bank. The opinions and conclusions expressed are not necessarily those of Bank of America Private Bank or its personnel. All opinions are subject to change due to market conditions and fluctuations.

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