News on philanthropy and philanthropists from Beacon, our partners and the wider sector.
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.
Determining what charitable causes you want to support is quickly followed by the problem of resource allocation. But this can be tough when the third sector often has such poor data available. In this article, MyCake founder Sarah Thelwell tackles the data issue, looking at how improvements to the charity data can help philanthropists to give better.
The UK has announced a new taskforce to provide a rocket boost to global impact investing. Chair Nick Hurd claims that the taskforce will “propose solutions to harness private capital at scale for public good.” The announcement comes as part of the UK’s G7 presidency this year.
In November 2020, the UK cut its foreign aid commitment from 0.7% of GNI to 0.5%. We bring attention to one consortium which is trying to assuage the damage by developing a philanthropy-backed £100m fund. However, we also point out why philanthropy cannot be a permanent fix to state-funded foreign aid.
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.
This year’s Sunday Times Giving List shows that HNW giving has increased throughout the pandemic, as wealthy individuals draw on their resources to do their bit in the recovery and rebuilding effort. In this in-depth analysis, we compare this year’s results to previous lists.
On 14th May 2021, Global Philanthropic hosted the world’s largest philanthropy forum, Talking Philanthropy 2021. We reflect on what happened, and take a look at the three entrepreneurs who won commendations for their charitable efforts.
The Beacon Collaborative