U.S. Trust Sponsors Series of Mid-Atlantic Events Focused on Charitable Giving Strategies and Experiences of Wealthy Donors
October 01 2015 - 9:30AM
Business Wire
Unique Initiative Conducted in Collaboration
with Local Nonprofits
U.S. Trust, Bank of America Private Wealth Management, today
announced it will sponsor a series of events throughout Maryland,
Northern Virginia and Washington, D.C. focused on charitable giving
strategies and experiences. Beginning this month and through the
remainder of the year, these invitation-only events will bring
together wealthy donors and nonprofit organizations from across the
region to learn and discuss ways to achieve greater impact and
personal fulfillment through philanthropy.
U.S. Trust Philanthropic Solutions group will sponsor nearly a
dozen events in collaboration with area nonprofits who serve a
variety of charitable sectors – including healthcare, education,
basic needs, the arts, and more. The events will give new and
experienced donors the opportunity to hear about issues that matter
most to them, and to learn from experts and peers about engaging
with nonprofits in ways that are most effective and meaningful.
The latest U.S. Trust® Study of High Net Worth Philanthropy
found that 85 percent of wealthy donors plan to give as much (50
percent) or more (35 percent) in the next three to five years
(through 2018) than they have in the past. The study also found
that when these donors are intentional about and engaged in their
giving they give more, are more impactful, and more personally
fulfilled.
“Washington, D.C. and the surrounding area is home to a large
number of philanthropic individuals and families, many of whom
share a strong sense of community and appreciation for the impact
of their gifts,” said Sam Gottesman, U.S. Trust market executive
for the Mid-Atlantic region. “Giving money away is one of the most
meaningful aspects of the wealth experience. Giving it away well
isn’t always easy. We hope that the valuable insights shared during
this unique series of events will help inform and strengthen the
giving strategies of these generous donors.”
U.S. TrustU.S. Trust, Bank of America Private Wealth Management
is a leading private wealth management organization providing vast
resources and customized solutions to help meet clients' wealth
structuring, investment management, banking and credit needs.
Clients are served by teams of experienced advisors offering a
range of financial services, including investment management,
financial and succession planning, philanthropic and specialty
asset management, family office services, custom credit solutions,
financial administration and family trust stewardship.
U.S. Trust is part of the Global Wealth and Investment
Management unit of Bank of America, N.A., which is a global leader
in wealth management, private banking and retail brokerage. As of
June 30, 2015, U.S. Trust employs more than 4,100 professionals and
maintains 97 offices in 32 states.
As part of Bank of America, U.S. Trust can provide access to a
broad range of banking solutions for individuals and businesses,
and an extensive retail banking platform.
Institutional Investments and Philanthropic Solutions
(Philanthropic Solutions) is part of U.S. Trust, Bank of America
Private Wealth Management (U.S. Trust). U.S. Trust operates through
Bank of America, N.A. and other subsidiaries of Bank of America
Corporation (BofA Corp.) Bank of America, N.A., Member FDIC. Trust
and fiduciary services and other banking products are provided by
wholly owned banking affiliates of BofA Corp., including Bank of
America, N.A.
Investment products:
Are Not FDIC Insured
Are Not Bank Guaranteed
May Lose Value
Bank of America, N.A. makes available investment products
sponsored, managed, distributed or provided by companies that are
affiliates of BofA Corp.
© 2015 Bank of America Corporation. All rights reserved.
Visit the Bank of America newsroom for more Bank of America
news.
www.bankofamerica.com
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151001005167/en/
Reporters May Contact:Matt Card, Bank of America,
617.434.1388matthew.card@bankofamerica.com
Bank of America (NYSE:BAC)
Historical Stock Chart
From Aug 2024 to Sep 2024
Bank of America (NYSE:BAC)
Historical Stock Chart
From Sep 2023 to Sep 2024