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This article was originally published on The Conversation.
The American poet Ambrose Bierce wrote in 1906 that a philanthropist is a rich (and usually bald) old gentleman who has trained himself to grin while his conscience is picking his pocket.
While this satirical description may have resonated at the time, it no longer rings true today – in terms of the physical description if not the metaphorical critique. Major donors, people who give away massive sums of money, are becoming more diverse. More are women and 50 years old or younger.
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Single or married, women give
Gender differences in giving are especially notable among single women and single men. Holding factors like income and wealth constant, about 51% of single women indicated they would give to charity, compared with 41% of single men. Women are also more likely than men to give to charity as their income rises.
Giving while female: Women are more likely to donate to charities than men of equal means theconversation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theconversation.com Daily Mail and Mail on Sunday newspapers.