Earlier this month, Time Magazine published an article about a study conducted by the Women’s Philanthropy Institute at the University of Indiana that reveal the “giving gap.” Researchers involved with “Women Give 2010” aimed to learn about philanthropy through gender. According to Dr. Debra Mesch, the institute’s director, one particular study focused on 2,532 single-headed households of comparable income and living habits. The study determined that women are 40 percent more likely to give to charity than men. Other results show when women are compared to men they are 55 percent more likely to donate to international causes, 42 percent more likely to give to religious organizations and 32 percent more likely to give to youth and family groups.
Results are supported by Mark Hanlon, senior vice president of Compassion International, a nonprofit based in Colorado. Hanlon disclosed that 60 percent of donors who support his charity are women. He explains further, “Women … understand … acutely, and there is a natural leaning for compassion to be attractive to them.”
Women in the 21st century are attaining higher job positions than ever before. This spread of gender power is allowing women to attain higher salaries, which has resulted in more philanthropic contributions. Mesch expresses the growth of power of women’s roles in philanthropy to currently be on, “the verge of a huge global movement.”
How can women continue to leverage philanthropic giving to create real change in the world? Share your thoughts in the comments below.