SAN FRANCISCO, April 25, 2016 /PRNewswire/ — According to the fourth annual BNP Paribas Individual Philanthropy Index by Forbes Insights, the United States remains the leader globally in personal philanthropy. Europe comes in as a close second, followed by Asia, with the Middle East achieving the sharpest increase in philanthropic giving. Almost all countries were focused on “health” as the top area of philanthropic giving (United States at 60%), while Asia as a region chose “environment.” Respondents in the United States were more likely to give to local causes (24%) and they saw the best form of charitable collaboration as working with other individual philanthropists (48%), rather than partnering with philanthropic organizations, as is the case in Europe and Asia.
BNP Paribas Individual Philanthropy Index Methodology
The Individual Philanthropy Index measures and reflects the commitment of philanthropists in four regions Europe, Asia, the Middle East and the United States. To see the breadth of content to help with personal finance and wealth needs, visit the Bank of the West blog Your Wealth channel at blog.bankofthewest.com, where you can learn more about wealth management solutions, and download the latest paper on how wealthy small business owners in any industry can plan for succession. The group is part of BNP Paribas’ global wealth management business of more than 6,300 professionals in 30 countries worldwide with more than $10 billion** in assets under management in the United States and 327 billion ($356 billion) in assets under management globally as of December 31, 2015.
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