Since 2020, the Beacon Collaborative has surveyed a representative sample of UK millionaires
with the goal of understanding how much wealthy individuals contribute philanthropically. In
number, HNWs represent only just over 1% of the total population, but their capacity to give is
very much higher than that of the wider population.
The financial and social contribution of the philanthropy of wealthy people to civil society is
significant, and yet there is very little research on their giving. They are hard to reach as a
population, and many survey-based approaches under-represent them and consequently their
true levels of giving.
We are delighted to present the results of a new research programme on five years of giving by
the UK’s HNW population. They show that in 2024, millionaires contributed an estimated £11.3
billion to good causes. Since 2020, we have seen an average annual rise in high-net-worth
giving of 18%, outpacing inflation and comparing very well against other market indices.
Given the social, political and economic turmoil of this period, the results have shown wealthy
people rising to the challenge – increasing their support for civil society and the vital work of
non-profit organisations in communities.
This presentation shares the data visualisation of the report.
High-net-worth giving in the UK: Modelling the giving of the UK’s millionaire population, a five year overview – Presentation slides
Author(s)
Cathy Pharoah, Cath Dovey, Vivek Thaker
Year