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…

 

4 ways tech can help first-time donors

Tech is making it easier for those looking to get into philanthropy to take their first steps. From identifying the right causes to support to being able to track the impact your donation is having, here are four ways tech can help you to give.

4 types of wealthy young donor – #YoungGivers report

During the #YoungGivers research, we discovered that young donors have a range of different needs and that charities should not treat them as a monolith. From these insights, we identified four ‘types’ of young donor charities should understand and should integrate into their fundraising practices.

You Say, We Say: Language to communicate better

Our recent research shows that language used by charities and that used by wealthy young people is not always aligned. If not addressed, these misunderstandings will result in young donors having unfulfilling relationships with charities. We highlight some of the most common examples to look out for.

Taking the first steps into philanthropy

Max Morgan developed a love of Menorca after spending a lot of his childhood on the island. Once established in a career, Max developed the resources to be able to give back to the island in a more substantial way. We find out about Max’s experience becoming a founding member of Menorca Preservation Fund, his first substantial philanthropic endeavour.

Young Givers: The Giving Needs of the Future Wealthy

Beacon Collaborative and Savanta, funded by Arts Council England, have carried out in-depth research with wealthy millennials on their giving habits and attitudes to charities. The research reveals important insights for those working in the fundraising and charity sectors about how they can best engage this demographic.

Beacon Collaborative

Meet the experts engaging millennials in philanthropy

Philanthropists regularly talk about how they wish they had got involved in philanthropy sooner. But the truth is that while the majority of young wealth holders have the desire to give, many don’t know the first step to take. We speak to three enterprising individuals who are seeking to light the way and get young wealth holders involved in philanthropy.

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