Emergent Philanthropists: America's Evolving Ethnic Donor Groups

Asian-American philanthropy
More than 12 million Asian-Americans live in the United States today. They are the largest source of immigrants in the past 20 years. With more than 60 percent of this group foreign-born, giving patterns are heavily tied to traditional ways. The wealthiest of the emerging ethnic communities, Asian-Americans’ average household income is higher than that of all other major racial groups. They are highly educated and have a higher rate of savings than the average household in the U.S. Wealth has been built through small business ventures including personal services, food and lodging. High-tech company startups and professional positions are also dominant in building wealth.