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Women & Philanthropy

By: Lisa Belkin/NY Times

A recent article from the NY Times Magazine. Inspiring!

The Power of the Purse
By LISA BELKIN
Published: August 18, 2009

Remember the concept of “sisterhood”? That quaint relic of an idea that women owed it to other women to crash through ceilings and navigate a male world? It just might be taking new root in a most unexpected place — among women with money. There are more women controlling more wealth in the U.S. than ever before. (Of those in the wealthiest tier of the country — defined by the I.R.S. as individuals with assets of at least $1.5 million — 43 percent are women.) And unlike the women who preceded them — old-school patrons who gave to the museum and the symphony and their dead husbands’ alma maters — these givers are more likely to use their wealth deliberately and systematically to aid women in need.

Read the full article at the link below (you may need to paste it into your browser address window):

http://www.nytimes.com/2009/08/23/magazine/23fob-wwln-t.html?ref=magazine#