"To nurture and empower
women to abundantly
fulfill their wealth legacy."
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*ARTICLES*
Women as Philanthropists: Gender and Generational Synergy for Effective
Gift Planning This article first appeared in The Journal of Gift Planning, Volume 11,
The dynamic role of gender and
generational cohorts in shaping society’s future is a central theme
of discussion, debate and study by economists, historians, psychologists
and sociologists in our nation and
around the world. It is refreshing to
see volumes upon volumes of studies
espousing the ever changing, socially
constructed nature of gender. These
studies have opened a healthy dialogue
about opportunities, expectations
and obstacles—apparent or not so
readily apparent—and about the
impact of the social meaning of
gender on individuals and institutions,
including those in the third sector.
Equally impressive is the plethora
of work analyzing generational
archetypes, fueled in part by the social
metamorphoses in values and virtues
experienced by aging Baby Boomers
who are impatient to lead society and
leave a legacy. Attitude of Gratitude Halfway through the first decade of the new millennium, donor advisors and charitable-gift planners have a once-in-a lifetime opportunity to partner with highly-motivated, financially-savvy women blessed with the freedom and fortune to effect positive societal change for the public good. Women Baby Boomers May Boost Your Dollars September 2006 Unlike their female predecessors of the WWII generation, women of the baby boom generation have experienced more opportunities, education and financial independence. According to a study by Thomas Stanley PhD, author of Millionaire Women Next Door, there are 37-38 million women in the baby boom generation. Nine million of these women are business owners who have a net worth of more than $1 million. These figures suggest now is the time to target women baby boomers for charitable giving. How boom-generation women will rewrite the rules of philanthropy by Margaret May Damen, CFP®, CLU, ChFC, CDFA
President and Founder of the Institute For Women and Wealth January 2006 Get ready for a philanthropic revolution. The evolution of a revolution of more than 38 million boom-generation women, the first of which turned age 60 as they made their 2006 New Year resolutions. According to statistical research, a member of the boom -generation cohort peer group born between 1946 and 1964 will celebrate a 60th birthday every seven seconds for the next 19 years. And over half of them are women. Boom-generation women make up 51% of the 77 million boomers who historians William Strauss and Neil Howe in their book “Generations” define as a “generation with a common perceived membership and a common call to destiny.” A common call to destiny magnified in the ‘60's Cultural Revolution and echoed in Betty Freidan's writings and Bob Dylan's lyrics. A cultural revolution led by impatient, passionate and defiant boomers who rallied as Dylan wailed “These times are a-changing.” |
