Philanthropy is a term given to generous acts of selfless giving. In particular it relates to sharing financial wealth for the purpose of improving the wellbeing of mankind or society as a whole.
Charitable donations are an example of philanthropy when given in large sums. Philanthropists often choose to set up a trust so that their donations can be distributed appropriately over time, even after their own death.
Modern philanthropy has become big business, with many commercial and not-for-profit organisations setting up services to help wealthy donors give their money away effectively and tax-effectively.
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Thomas Hughes-Hallett is to retire as chief executive of Marie Curie Cancer Care by the end of the year.
The UK has moved up three places in the World Giving Index to become the world’s fifth most charitable nation, according to new research published today.
The Social Impact Analysts Association is holding its inaugural meeting today amid calls for greater recognition of the importance of impact analysis and warnings that the progress of the practice and profession needs to be handled with great care.
Absolute Return for Kids has appointed Moonpig founder Nick Jenkins to the rebadged role of global chief executive officer.
The entrepreneur founder of a new foundation has called on charities to reduce their spending on administration and suggested he might work towards developing a star rating system, ranking charities on their efficiency.
The Big Society will only emerge when the government cuts the sector’s dependence on grants and strips regulations to “unleash a tide of philanthropy”, according to Cass Business School’s Philip Booth.
Stephen Bubb, chief executive of the Association of Chief Executives of Voluntary Organisations is to receive a knighthood in the New Year Honours List which named over 100 people for recognition of their service to the voluntary and charity sectors.
NCVO president Lord Hodgson of Astley Abbotts believes the Sorp should be shortened and the Trustee Act reviewed, in order to encourage more people to set up charitable foundations.
Paul Gibson reflects on the recent trend towards philanthrocapitalism to divulge his thoughts on creating a better future for the sector.
Bill and Melinda Gates visited Downing Street yesterday during a busy trip to the UK to thank the country for its “history of generosity” and its commitment to maintain international aid.
The new culture minister has suggested that civil society could be strengthened by more mergers and collaboration between charities.
The UK charity Autism Speaks, founded five years ago by the UK’s first Ambassador for Philanthropy Dame Stephanie Shirley, has changed its name to Autistica.
The charity sector should ask why donkey welfare charities raise more income than domestic violence charities, according to Martin Brookes, director of New Philanthropy Capital.
Technical briefing - wills and art collections
A technical briefing on wills and art collections. Shivaji Shiva explores when art is art, and when it is charity?
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