Northern Trust’s second comprehensive look at the financial attitudes of wealthy black Americans reveals a charitable generation willing to give back to their families and communities.
If one item stands out in Northern Trust’s 2010 Wealth in Black America study, it’s the strong culture of philanthropy that exists among affluent black Americans. Survey findings reveal a tendency for affluent blacks to give to charitable organizations and financially support adult family members. These findings and more were unveiled in September at Northern Trust’s DreamMakers’ Forum®, a biennial conference held in Washington, D.C. for affluent blacks to discuss creating, preserving and transferring wealth.
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