Why the Rich Are Going Under the Radar
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Some of today’s wealthiest individuals are giving away millions without saying a word.
This rising trend, sometimes called “stealth giving,” is about more than just privacy. It reflects a shift toward more intentional, values-aligned philanthropy, especially among younger donors who want impact over recognition.
Let’s explore how stealth giving works, what’s driving its popularity, and how you can adopt a similar approach, whether or not anyone knows your name.
Key Takeaways
- More high-net-worth donors are choosing long-term impact over public recognition.
- Donor-advised funds (DAFs) offer a tax-efficient and discreet way to give.
- Everyday givers can support causes discreetly by using DAFs or community foundations.
Big Giving, Small Spotlight: Why Some Donors Stay Under the Radar
Some of the biggest givers today are doing it quietly, and sometimes so quietly that the public only finds out months later. MacKenzie Scott, for example, has donated over $19 billion to nonprofits since her divorce from Amazon founder Jeff Bezos, often without press releases or public ceremonies.
This low-profile approach is known as stealth giving, but experts say it’s less about secrecy and more about evolving priorities.
“They care less about the recognition nowadays,” said Jerry Sneed, co-founder and managing partner of Third View Private Wealth. “They care more about actually making the impact.”
Sneed noted that while past giving was often transactional—donate money, get a tax break, maybe a building named after you—today’s donors tend to take a more thoughtful approach. “It’s a passion project usually,” he said. “They just want to support the effort.”
Donor-Advised Funds Are Quietly Transforming Philanthropy
One reason quiet giving has become more common is the rise of donor-advised funds (DAFs). This flexible giving vehicle lets donors contribute money, take an immediate tax deduction, and then decide where to send the funds over time.
“It allows you to take the time to be intentional about what you are going to support,” Sneed explained.
You can set up a donor-advised fund in your own name or any name you want. Alexa Broida, a philanthropic advisor at Wilmington Trust, says DAFs have grown especially popular among younger donors who want more impact but less visibility.
“DAFs have a lower financial barrier to entry,” Broida said. “They’re quicker and simpler to set up,” especially compared to private foundations, which are public and require significant ongoing administration.
Younger Donors Are Changing the Culture of Giving
For many younger philanthropists, it’s not about anonymity, it’s about alignment. Newer generations are rethinking the power dynamics of traditional philanthropy and choosing giving strategies that reflect their values.
“There’s a discomfort with being wealthy,” Broida explained. “Anonymity is a protective barrier to the emotional response to having wealth.”
Instead of establishing legacy foundations or seeking naming rights, younger donors are leaning into trust-based philanthropy. That might mean unrestricted gifts, collaborative funding models, or simply stepping back from the spotlight.
Broida said younger donors are much more aware of the nuance and power dynamics at play. They don’t want their presence to overshadow the work or burden others with expectations.
Privacy Isn’t the Only Reason to Give Quietly
While privacy plays a role, it’s not always the driving factor. For many donors, quiet giving is a way to avoid distraction, discomfort, or even unintended consequences.
“Causes that used to be neutral are now more politicized,” Broida said. “There’s a little bit of anxiety around giving and having your name associated with certain things.”
Public giving can also invite a flood of unsolicited requests. “If your name is out there, people are just able to do some research and see how much wealth you’re giving away,” she added.
Some donors are also wary of the reputational risk that can come from supporting an organization that later faces controversy. But in many cases, discretion stems from a genuine desire to make a difference without being the center of attention.
“It’s almost like they care so much about it, they don’t care about telling anybody,” said Sneed.
Want to Give Without the Spotlight? Here’s How
You don’t need to be ultra-wealthy to give intentionally or quietly. Donor-advised funds are more accessible than many people realize, with no strict minimums and very low annual fees, often 1% or less.
“Even my lower-end clients, they’ll give $5,000 or $10,000,” Sneed said. “If you give away a thousand dollars a year [anyway], why not put a thousand dollars into a donor-advised fund…and let it accumulate a little bit?”
Broida also pointed to community foundations as another option for modest givers who want their dollars to go further without drawing attention. “Pooling funds with other donors who have like-minded ideas…is another really good way to leverage your giving with others,” she added.
Fast Fact
Stealth giving doesn’t have to be secretive. It just means focusing on the cause, not the credit.
If you’re looking to make an impact without micromanaging how the money is used, Broida recommends one key approach: “I think anything that’s unrestricted and rooted in trust-based philanthropy, no matter how big or small, is the best way to support nonprofits achieving impact. Trust the nonprofit to work with their community and to know what they need.”
The Bottom Line
Stealth giving isn’t always about flying under the radar. For many donors today, it’s the natural result of a more thoughtful, values-driven approach to philanthropy.
Tools like donor-advised funds make it easier to give strategically and quietly, while younger generations are challenging the norms around visibility and recognition.
You don’t need a massive fortune to join this movement. Quiet generosity, thoughtfully given, can still create powerful, lasting change.
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