Many high-net-worth individuals are aware of their capacity to impact the world to make it a better place through giving. Philanthropy and charitable giving provide a platform for them to affect positive change beyond wealth accumulation. Charitable endeavors can be rewarding to them personally and the broader society that benefits from their generosity.
Read MoreIf you're considering giving back to society or a cause as part of your financial planning, there are many ways you can do so.
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