what is philanthropy

What is philanthropy?

Philanthropy is an act of caring, a recognition that some of the resources that you have can be used to make the world a better place.

It has alleviated poverty, fostered art and culture, strengthened communities and improved our environment.

When most effective, the philanthropist brings skills, experience and networks as well as money.

This is the oxygen that nurtures the sort of society we want to live in and planet we want to live on.

I want to start giving >

Resources to help you to take the first steps into your philanthropic journey…

I want to improve >

How can you become a better giver? Resources for those looking to improve…

What are the UK’s current giving levels?

Below are the median average giving levels for wealthy people per year.

£2.5 bn

The top 1% of wealth holders give away £2.5 billion annually.

1-2%

People with more than £10m in assets give 1-2% of their wealth away annually.

20%

20% of millionaires based in Britain give more than 1% of their wealth away annually.

£4000

Half of UK millionaires give more than £4000 away annually.

Latest news, blogs and stories…

Is responsible investing “fit for purpose”?

Responsible investing is a phenomenon which is taking over the philanthropy world. With new socially-targeted investment vehicles cropping up each month, there are more options than ever to do good with your investment portfolio. But does responsible investing do what it says on the tin? Sector expert Scott Greenhalgh embarks on a comprehensive analysis…

Changing Lives; why philanthropy is vital in giving young people a chance.

Many interventions have attempted to address the issue of social mobility, but where broad initiatives have failed, philanthropy has often succeeded. Daniel Flynn, CEO of YMCA North Staffordshire, highlights practical ways philanthropists can change the life chances of young people.

UK’s wealthiest sustain higher giving, but major gifts recede 

New polling of the UK’s millionaire population suggests wealthy individuals are sustaining their increased charitable giving levels. However, the survey – covering giving from July to September 2021 – also shows that the frequency of major gifts has fallen. We analyse the findings.

Cath Dovey

Flexible Impact: a sliding scale to dial-in your impact

Impact investing is growing in popularity. As it does, the market is seeing new vehicles crop up which are increasingly aiming to meet investors’ needs. One such vehicle is Blue Impact Fund. We ask what these vehicles mean for philanthropists looking to increase their impact.

James Macdonald

Philanthropy Right Now: The Power of Community – by Marie-Louise Gourlay

Why is community so important to the philanthropy sector, and how has it developed since the start of Covid? In her first column for Beacon, Marie-Louise Gourlay (Managing Director of Europe, The Philanthropy Workshop), reflects on how increased collaboration has led us to reassess the importance community plays in charitable giving.

More than just money; a holistic approach to giving.

“Giving money is great, but it is not the only way to help.” In this interview, we speak to London Metal Exchange chair Gay Huey Evans to learn about how effective philanthropy sometimes involves drawing on your skills as well as your financial resources to help a charity thrive.

Sign up to our newsletter

  • This field is for validation purposes and should be left unchanged.

See all our resources here, guides, blogs, case studies, news and more...

Our Partners