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Daily Nuggets: A For Impact Blog

Women and Philanthropy


Note: I’m posting a series of nuggets on ‘women and philanthropy’ so some of these are from previous years that I want to bring to the top of the pile. — below from 2005.

  1. HOW DO WE MELD THIS MARKET INTO OUR VISION AND OUR PLAN?
  2. WHERE DO WE FIND THESE QUALIFIED (WOMEN) PROSPECTS?
  3. HOW DO WE BUILD RELATIONSHIPS WITHIN THIS MARKET?
  • 10.2 million women earn more than their husbands!!! (One out of four women)
  • Women equal 43% of Americans with assets greater than $500,000 !!!
  • Women own 60% of all assets in the U.S. !!!
  • Women-owned businesses total nearly 8 MILLION !!!  (vs. 400,000 25 years ago); and post $2.3 trillion in annual sales!
  • This year, 50% of all small businesses will be woman owned.
  • More than half of the new jobs created in this country since 1992 are attributed to women-owned businesses !
  • Women control over half of commercial and consumer consumption.
  • American women… by themselves …are in effect the largest “national” economy on earth!!!
  • Women control about 80% of household spending and, using their own resources, make up 47% of investors.
  • Women buy 81% of all products and services, buy 75% of all over-the-counter medications, make 81% of retail purchases, and buy 82% of groceries.
  • Eighty percent of the checks written in the United States are signed by women.
  • Forty percent of all business travelers are women; they are responsible for 61% of all travel and consumer-electronics purchases.
  • Women influence 85% of all automobiles purchased.
  • They also head 50% of all U.S. households with incomes over $600,000 and own roughly 66% of all home-based businesses.
  • Women have been the majority of voters in this country since 1964.
  • The inter-generational transfer of wealth in the next 20 years will be between $8 and $14 trillion and women will handle most of it!!!