Share

Family foundation giving outpaces corporate and individual donations

Cathy Pharoah
News

Family foundation giving outpaces corporate and individual donations

Fundraising | Celina Ribeiro | 14 Nov 2011

Family foundations have increased their giving by more than a quarter over the past five years, significantly outpacing the progress of donations from companies or individuals, according to a new report.

During the five years between 2005/06 and 2009/10, family foundations in the UK distributed £6.4bn to a wide range of causes, and over that time the amount these foundations gave increased by 27 per cent.

This increase compares to a decline of 0.4 per cent in the value of individual giving and also outstrips the growth in corporate philanthropy. Much of this growth was spurred by the largest of the family foundations; the 100 largest foundations gave £1.3bn in 2009/10, which accounted for 7 per cent of all giving in that year.

The Family Foundations Giving Trends 2011 report, which will be launched tonight at an event in London, says that in light of the growth and generosity of family foundations, there should be better support for individuals considering setting up these foundations.

Cathy Pharoah (pictured), author of the report and co-director of the ESRC Research Centre for Charitable Giving and Philanthropy, said that the onus on growing family foundations is on a variety of parties.

“The report calls on charities, professional advisers and policy-makers to develop many more imaginative and supportive ways for potential philanthropists to share experiences and learning to ensure the bridge is crossed and more foundations are established,” she said.  

Charles Keidan, director of the Pears Foundation and co-author of the report, said that family foundations provide “a robust, consistent and vital form of giving”.

“Therefore they have an advantage in addressing social needs over ad hoc giving by wealthy individuals, which is more vulnerable to economic change,” he said. 

Comments

[Cancel] | Reply to:

Close »

Community Standards

The civilsociety.co.uk community and comments board is intended as a platform for informed and civilised debate.

We hope to encourage a broad range of views, however, there are standards that we expect commentators to uphold. We reserve the right to delete or amend any comments that do not adhere to these standards.

We welcome:

  • Robust but respectful debate
  • Strongly held opinions
  • Intelligent relevant discussion
  • The sharing of relevant experiences
  • New participants

We will not publish:

  • Rude, threatening, offensive, obscene or abusive language, or links to such material
  • Links to commercial organisations or spam postings. The comments board is not an advertising platform
  • The posting of contact details for yourself or others
  • Comments intended for malicious purpose or mindless abuse
  • Comments purporting to be from another person or organisation under false pretences
  • Gratuitous criticism, commentary or self-promotion
  • Any material which breaches copyright or privacy laws, or could be considered libellous
  • The use of the comments board for the pursuit or extension of personal disputes

Be aware:

  • Views expressed on the comments board are left at users’ discretion and are in no way views held or supported by Civil Society Media
  • Comments left by others may not be accurate, do not rely on them as fact
  • You may be misunderstood - sarcasm and humour can easily be taken out of context, try to be clear

Please:

  • Enjoy the opportunity to express your opinion and respect the right of others to express theirs
  • Confine your remarks to issues rather than personalities

Together we can keep our community a polite, respectful and intelligent platform for discussion.

Free eNews

Barnardo's launches retail gift aid appeal

23 Jul 2014

Barnardo’s has launched an appeal to raise awareness of retail gift aid and the extra £6.5m that could...

Charity Bank loan approvals up 83 per cent

23 Jul 2014

Charity Bank has reported a sharp upturn in loan approvals, and has cited this as evidence that the sector’s...

Workfare charities set to be named after Tribunal rules against DWP

23 Jul 2014

Charities that are involved in the workfare programme run by the Department for Work and Pensions look...

Workfare charities set to be named after Tribunal rules against DWP

23 Jul 2014

Charities that are involved in the workfare programme run by the Department for Work and Pensions look...

Nesta was 'forced' to fund Big Society Network, says former trustee

22 Jul 2014

Former Nesta trustee Liam Black tweeted this morning that Nesta was “forced” to fund Big Society Network. 

Sadiq Khan MP: 'Sarah' Bill is embarrassing and pathetic

22 Jul 2014

Labour MP Sadiq Khan yesterday called the Social Action, Responsibility and Heroism Bill “embarrassing...

Greenpeace video removed from YouTube following copyright claim

14 Jul 2014

A campaign video by Greenpeace against Lego’s relationship with Shell has been subject to a copyright...

Oxfam advert removed after appearing before extremist videos

10 Jul 2014

Oxfam has removed one of its adverts from YouTube after it was shown on channels showing content from...

Data protection proposals 'potentially catastrophic' for fundraising

8 Jul 2014

EU data protection proposals could have a “potentially catastrophic” impact on charity fundraising,...

Join the discussion

Twitter button

@CSFundraising