Women reshaping philanthropy
Eleanor Cater of our peak body Community Foundations of Aotearoa NZ penned this engaging column below for The Post in Wellington, and then republished it on the CFANZ site.
"It’s a demographic shift where women will eventually become the main drivers and decision makers around family wealth, transforming wealth management, including estate planning and philanthropy.
This has been coined the ‘horizontal wealth transfer’, a term somewhat patriarchal and simplistic in its nature as it doesn’t take into account women as co-owners of family wealth, non-nuclear families, or individual economic independence. Nevertheless, it’s a term that is sticking - and it’s easy to see why."
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