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In March, the Women’s Philanthropy Institute (WPI) released a report analyzing the first new data on household charitable decision making in 15 years. Many interesting trends were revealed by the report, and I was particularly surprised to see that 61.5 percent of couples make giving decisions together a number that has actually declined since 2005.
The report from WPI got me thinking about how philanthropy fits into a different aspect of the idiom “money talks” defined by Merriam Webster as “money has a strong influence on people’s actions and behaviors.” If this is true, then families should be harnessing our philanthropic resources as effectively as possible to solve the world’s greatest social challenges.
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