Simplify Asset Management has launched a new fund, the Simplify Health Care ETF (PINK), that has pledged to donate its fee profits to Susan G. Komen for the Cure.
The Bill & Melinda Gates Foundation -- the largest philanthropy in the study, with almost $50 billion in assets -- was the only one to report that 0% of its holdings are with diverse firms.
Around 90% of affluent households indicated they had responded to the Covid-19 pandemic with donations to organizations that provide basic necessities such as food, shelter and health care.