Power of the Purse 2022

About the Event
On March 2, 2022, the Jacobson Jewish Community Foundation (JJCF) of the Jewish Federation of South Palm Beach County held a women’s outreach program, Power of the Purse, where attendees learned about the Luxury Handbag Market, and how these treasured items are an asset class that may be used as an investment or for philanthropic purposes.

Power of the Purse is an annual event that is designed to demonstrate how women can, and do, impact philanthropy.

Special guest speaker Andrew Kravit, G.G., ISA, introduced his esteemed colleague Caitlin Donovan, VP, Head of Department, Americas Auction and Private Sales Handbags & Accessories of Christie’s in New York. Presenting remotely, Donovan explained how luxury handbags, such as those from Hermes and Birkin, evolved from fashion into auction-worthy items, worth hundreds of thousands of dollars.

Power of the Purse was held at the Farmer’s Table Event Center in Boca Raton,The JJCF is generously sponsored by the investment management firm Glenmede, and CPA firm Gerson/Preston/Klein/Lips/Eisenberg/Gelber. Exclusive Magazine Sponsor for Power of the Purse was Boca Raton magazine.