American women are poised to become major influencers in the world of philanthropy, shaping social policy around the globe for future generations. OppenheimerFunds' research found that women now control more than half of the wealth in the U.S. and make 80% of purchases. Data from the IRS suggests that women donate more of their wealth than do men. This transfer of economic power comes at a crucial time for philanthropy as the current market environment has made it extremely challenging for many nonprofits to achieve their missions.
Several studies show that the majority of women don't feel confident actively managing their finances, including creating a legacy through philanthropy. As charities struggle to survive during these challenging times, your clients—and likely your female clients, in particular—may need guidance on how to donate to maximize their dollars' impact.
Women's roles as philanthropists shift as their responsibilities grow and change. In their twenties and thirties, they may have limited financial resources but time to volunteer. As they move into careers and become more family focused, time becomes limited, but financial resources increase, often leading women to make larger monetary gifts and volunteer less. Once children are out of the house, many women take on leadership roles within charitable organizations of their choice, becoming involved with boards and fund-raising efforts.
Women's evolving roles as philanthropists require them to think strategically about giving time and money. And they are turning to their trusted advisors for philanthropic guidance and structure so that their gifts can have more impact.
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|Ms. Thorne partners with successful families to grow, manage, protect and transfer their assets. Working closely with her Silver Bridge colleagues and her clients’ external advisors, she provides thoughtful investment and wealth management solutions that integrate her clients’ investment philanthropic, estate and tax planning objectives.|
|Ms. Thorne recently launched “A Woman’s Perspective”, a program based on the research she conducted at Harvard Business School. Through the program, Silver Bridge provides access to high-quality content and brings women together to further educate themselves on investing, philanthropy and a range of other wealth management topics.|
|Prior to joining Silver Bridge, Ms. Thorne was the Director of Investments for Circle Financial Group, an investment and wealth management think tank for ultra-high-net-worth women, with combined assets of over $3 billion. She was responsible for identifying, researching and monitoring investment opportunities across all asset classes and assisting members with investment, tax, trust and estate and wealth transfer planning. Concurrently, Ms. Thorne was a Columbia Business School Private Wealth Management teaching assistant. Prior to attending business school, she worked at Oracle Corporation where she represented Oracle's equity position in joint ventures among other strategic projects. She started her career at Hambrecht & Quist as an investment banking analyst.|
|Ms. Thorne received her BA from Dartmouth College and her MBA from Harvard Business School where she completed independent studies on women and investing, as well as angel investing. She was honored as a participant of the Family Wealth Alliance 40minus Leadership Summit. Ms. Thorne is a member of the Golden Seeds LP Advisory Committee, the Boston Estate Planning Council, Boston Women and Finance, and the Boston Foundation's Professional Advisor's Committee.|
You may contact Ms. Thorne at:Direct line: (617) 526-5822