Q: What, in your opinion and experience, is the most compelling reason that women donate their money?
— Shannon, West Palm Beach
A: There are typically three reasons that compel women to give:
1. Tax benefits — IRS charitable deductions as permitted on Form 1040.
2. Participation in a program sponsored by the organization; volunteered time and talent to the organization; or a connection to an organization through a friend or family member.
3. A personal experience or a family member’s experience with services from the organization; or a strong affinity with the cause or mission.
Do you have a question about women and philanthropy, wealth management or planned giving? E-mail Margaret at email@example.com. Your question might be featured in an upcoming blog and e-newsletter.