New Million Dollar List Helps Target Strategic Giving
A new, one-of-a-kind searchable database will help high net worth individuals and their financial advisors decide where, when and why to give philanthropic gifts of $1 million or more.
The Million Dollar List is the largest free record of publicly reported gifts of this size made since 2000. The data, covering more than 60,000 gifts of $1 million and up from individuals, foundations and corporations, was compiled by the Center on Philanthropy at Indiana University.
Advisors can aid donors by searching for information on gifts by geography, dollar amount, type of charity, individual donor, organization name or other customizable criteria. Searches can also reveal trends and help donors find like-minded individuals for potential collaborations to leverage their giving for greater impact.
“Donors increasingly value transparency in philanthropy and are driving that trend,” said Una Osili, director of research at the Center on Philanthropy. “By providing information about their gifts to the Million Dollar List, they will encourage greater transparency among all those involved in charitable giving, increase opportunities to connect with other donors, and strengthen understanding of philanthropy.”
The Million Dollar List: Scaling Philanthropy adds to the Center’s ongoing research on high net worth giving, including multiple studies conducted for Bank of America Merrill Lynch. This project is made possible by a grant from the Bill & Melinda Gates Foundation.