
Giving Tuesday, a global generosity movement that occurs every year on the Tuesday after Thanksgiving, is an annual reminder within the high-net-worth community to support the causes you care about. Giving strategies are common among affluent households, but like any aspect of a financial plan, they evolve along with market activity and philanthropic trends.
Trends show that total giving appears to be down this year, and that has some outside observers concerned. What is occurring within the philanthropic space, and how can you enhance your own giving plan? I gathered input from the NEPC Private Wealth team to identify the key trends and best practices worth focusing on this Giving Tuesday.