"Women indonated about to charities in 2012, which is about 50 per cent more than they did just 10 years earlier," said , Chief Operating Officer, TD Wealth and Executive Sponsor of TD's Women Investor Strategy. "As women's influence over wealth in continues to increase, many of them are adding a charitable giving strategy to their overall wealth management plan and are looking for objective advice on how to develop a strategy and measure the success of their efforts."
"This is where philanthropic advisory services can play a role," says, Vice President, Philanthropic Advisory Services, TD Wealth. "This type of advice is becoming more and more relevant as clients seek to incorporate philanthropy into their financial and estate plans. Whether it's advice for how philanthropy fits into their overall financial strategy or support establishing a structure to leave a legacy, often as donor advised funds within the Private Giving Foundation, we're seeing a growing need for these types of services."
"For charities, there is a tremendous opportunity to engage women donors by encouraging them as supporters, rather than setting their sights more narrowly on building a base of financial donors," adds Ryan. "Women increasingly have the ability to make significant contributions to their communities - and charities in particular stand to benefit from this."