News on philanthropy and philanthropists from Beacon, our partners and the wider sector.
The arts and culture sector has been ravaged by Covid as philanthropic funding has dried up. New Philanthropy for Arts and Culture (NPAC) is a network of arts supporters seeking to increase philanthropic funding to the sector. We look at the launch of its new website, a portal for those seeking to support the arts.
What is an ethical coalition? How can it lead us to a sector which embraces communities of all sizes, backgrounds and demographics? In this edition of Philanthropy Right Now, Marie-Louise Gourlay considers whether shared goals can help us to recognise our potential as a non-homogenous group.
As sure as day follows night, the Spring Statement has followed the full budget. In this article, we explore the main aspects of the Statement. We highlight the lack of any mention of philanthropy and ponder how charitable giving – if stimulated effectively by the government – could have a far larger role to play.
Just before the Christmas break, Cath Dovey was invited to appear discuss philanthropy on GB News. In the interview, Cath discussed the habits of wealthy givers during Covid, what the sector needs to unlock greater giving, and how philanthropists play a pivotal role in today’s society.
The Law Family Commission just published a report into the state of charitable giving in the UK. Among its findings are the identification of three ‘giving gaps,’ which have all contributed to a drop of over 21% in high net worth philanthropy between 2011/12 and 2018/19. We summarise the report.
360Giving has just released new data investigating the giving trends of philanthropists during the pandemic. The vast dataset draws on insights from over 66,000 grants representing over £2.4 billion in funding. The findings show that grants were made at record speed and that funders increasingly focused on black and minority ethnic organisations. We analyse the findings.
One donation, twice the impact – clearly an attractive proposition for any funder. But what is the history of match funding programmes, have they been successful in the UK, and why is the philanthropy sector now waking up to them? Alex Day writes for Beacon in this guest blog.
In line with the COP26 climate conference, Beacon and the Environmental Funders Network (with support from ACF) have launched a dedicated climate philanthropy pledge. The Individual Philanthropy Commitment on Climate Change is the world’s first of its type in the climate space and is aimed at attracting new philanthropists to use their resources in tackling the climate crisis.
A new commission into unlocking the potential of individual impact investing has been established by Beacon Collaborative and Big Society Capital. The six month commission will look at the barriers HNW individuals face in impact investing and how they can be overcome.
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.
The Beacon Collaborative