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.
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.
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.
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.
The latest data from Beacon’s quarterly surveying of UK millionaires shows that high-net-worth charitable giving is continuing to rise steadily. It also demonstrates that the increase in philanthropy from the UK’s very wealthiest – something precipitated by Covid – is sustaining.
This article brings attention to the two individuals commended for philanthropy in the 2021 Queen’s Birthday Honours List. We also explore how the inherent blending of philanthropy with other forms of charitable endeavour can often cloak substantial financial contributions made by individuals.
On 17th June, the Centre for Strategic Philanthropy at the University of Cambridge Judge Business School will host the first of a series of webinars addressing power imbalances in philanthropy. These events will explore existing paradigms within philanthropy, the impact they have, and how we can improve.
In a two-part webinar, Barclays Private Bank, the Chartered Institute of Fundraising and Beacon explore what stops high-net-worth individuals from getting involved in charity giving. The session also features an interview with experienced donor Sir Trevor Pears on his philanthropic activity.
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.
The Beacon Collaborative