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Forbes%20Insights<%2Fa>%20announced%20the%20findings%20of%20a%20new%20study,%20Next%20Generation%20Philanthropy%3A%20Changing%20the%20World<%2Fa>,%20sponsored%20by%20Credit%20Suisse%20Group<%2Fa>,%20as%20part%20of%20the%20Forbes%20400%20Summit%20on%20Philanthropy<%2Fa>.%20This%20summer,%20in%20an%20unprecedented%20gathering%20of%20wealth%20and%20international%20philanthropy,%20Forbes<%2Fem><%2Fa>%20brought%20together%20150%20billionaires%20and%20near-billionaires,%20including%20keynote%20speakers%20Bill%20Gates,%20Warren%20Buffett%20and%20Oprah%20Winfrey,%20for%20a%20private%20discussion%20of%20ways%20to%20help%20solve%20the%20world's%20most%20intractable%20problems.%20The%20peer%20exchange,%20which%20focused%20on%20greater%20collaboration,%20sharing%20of%20best%20practices%20and%20up-front%20education,%20helped%20advance%20the%20conversation%20around%20philanthropy%20on%20a%20global%20level.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Farticle%2Fnext-generation-philanthropy-changing-world-study-released%2F" target="_blank" class="email" data-post-id="5380" type="icon_link">
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- Giving is alive and well. 54 percent of all respondents say they will leave more than 25 percent of their assets to charity. Nearly half (46 percent) of those with more than $20 million in investable assets plan to leave half or more of their assets to charity; nearly 1 in 5 of those with over $50 million in investable assets plan to leave 100 percent of their assets to charity.
- A Business-Like Approach to Giving. 53 percent of all respondents agree with the statement, "I find applying my business experience to my philanthropy is an effective and successful approach to giving." This rises to 61 percent among those who are at the more than $20 million level. More of them partner with businesses (40 percent) for their philanthropic endeavors than with government agencies (22 percent) or other nonprofits (28 percent).
- Taxes, U.S. Elections and Giving. Most (56 percent) feel that tax policy impacts their charitable giving. 64 percent believe the elections will impact tax policies, while 50 percent believe the elections will impact the climate for philanthropy.
"Forbes was pleased to partner with Credit Suisse to launch this philanthropy study and share new insights into the motivations, risk profile and effectiveness of high net worth individuals who want to have a tangible impact on affecting change," said Forbes Media President and CEO Mike Perlis.
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