“2008 BANK OF AMERICA STUDY OF HIGH NET WORTH PHILANTHROPY”

Wealthy donors are increasingly relying on accountants, attorneys and financial advisors to provide charitable giving advice, and while tax benefits are an important reason for choosing a giving vehicle, the majority would not change their giving levels even if they no longer received a charitable deduction.

These are just some of the findings from the 2008 Bank of America Study of High Net Worth Philanthropy.  The recently released study, authored by the Center on Philanthropy at Indiana University, provides unique new insights into the demographic and psychographic factors driving family philanthropy, volunteerism, and charitable giving motivations and expectations. 

Representative of responses from nearly 700 high net worth households throughout the United States, the study’s findings provide new insights into how, when, why, and to what extent wealthy donors rely upon advisors to support their charitable giving.  Specifically, the study’s findings provide a wealth of new data on motivations for charitable giving by wealthy donors, their use of different giving vehicles, and their utilization of professional advisors to support philanthropy.

GUEST SPEAKER:

Bruce A. Van Hise

Vice President, Philanthropic Management Group

Bank of America

A vice president and senior relationship manager with Bank of America’s Philanthropic Management Group, Bruce Van Hise’s experience reflects his interests in both the not-for-profit and business worlds.  Prior to joining Bank of America, Bruce spent five years managing a financial planning practice that provided comprehensive wealth management and planning services to individual, family, and institutional clients in Upstate New York and Pennsylvania.  His experience also includes 20 years in the not-for-profit sector, serving as chief development officer for three organizations, where he led successful capital and endowment campaigns.

Simply register using our reservation form.  Or if you prefer to send in your reservation and payment, please make your check payable to the WNY Planned Giving Consortium and mail to:  Post Office Box 1885, Buffalo, NY 14225.