Philanthropy has a long history of people helping their fellow humans throughout different times and cultures. In recent years, the philanthropic sector has undergone a significant transition, partly driven by demographic shifts, including the increasing influence of women in charitable endeavors.
This article delves into the evolution of philanthropy, spotlighting how the wealth management sector is grappling with its evolving demands.
Key Facts:
- 337 women billionaires globally in 2023.
- 2% of all funding in the U.S. goes to organisations supporting women and girls.
- 32 out of 93 CEOs leading the U.K.’s 100 biggest charities by income are female.
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