The third full week in October ushers in National Businesswomen’s Week each year. As women continue to make strides in the corporate and entrepreneurial world, there is also a growing trend in women’s giving. While women have long been thought of as taking the lead when volunteering talent and time, and they still do at 56%, women have also been slowly gaining momentum in another philanthropic category — charitable donations. Research about women and philanthropy shows that 73% of charitable donors in the world are women. Dialing that back to the U.S. in the high-net-worth category, it is estimated that approximately 93% of high-net-worth women gave money to charity, according to the “2018 U.S. Trust Study of High Net Worth Philanthropy.”
