The economic downturn forced families to make cutbacks and regain control of their wealth. However, when it came to philanthropy, most stayed committed to giving to causes they feel strongly about.
Who to turn to for advice?
Receiving advice on giving is an important issue for families. The wealthier an individual, the more likely they are to use advisors. However, those who have been involved in philanthropy the longest are least likely to engage outside advisors.