12th Charity Finance Investment Forum
10 Mar 2014
Goldman Sachs said to be considering billion-dollar donation
Tags: Major donors | Corporate fundraising
Celina Ribeiro
Editor, Fundraising magazine, Civil Society
Celina is the editor of Fundraising magazine and daily contributor to CivilSociety.co.uk. She has been at the publication since June 2008.
Previously Celina worked as a freelance feature writer for newspapers and magazines in Australia and the UK, working for publications including the Sydney Morning Herald, The Age and the New Statesman. Celina was also a Ken and Yasuko Myer Fellow in 2004, which saw her intern at Manilla-based newspaper, the Philippine Daily Inquirer.
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News
Investment bank Goldman Sachs could become one of the world’s biggest donors to charity, as it considers ways of deflecting expected criticism of predicted large staff bonus payments. Goldman Sachs is said to be considering making a donation in the region of $1bn when it pays out bonuses this year. Pay and bonuses for the banking giant’s staff is expected to be worth around $22bn – a record for the company.
An animal rights group's billboard advertisement featuring the killer of ‘Baby P’ has sparked controversy, but no official complaints. Peta (People for the Ethical Treatment of Animals) has erected a billboard ad in Haringey, the London borough where 17-month-old ‘Baby P’ was murdered by his mother and two men, featuring the face of Steven Barker, one of his murderers. The ad is now due to be rolled out nationwide.
Corporate support of arts organisations has plummeted, according to a new report. Nearly 70 per cent of arts organisations based in London reported a drop in income from business over the past six months, according to the latest survey by Arts & Business. Two-fifths of businesses surveyed by the organisation also reported plans to cut their investment in the arts even further.
A direct mail campaign to commemorate the death of Britain’s last surviving World War 1 veteran has recorded exceptional results for a veterans’ charity. Following the death of World War 1 veteran Henry Allingham, St Dunstan’s, a charity founded during the war and which has provided care and rehabilitation for veterans since, embarked on a direct mail campaign to existing supporters.
The second real-world Twitter gathering has raised nearly one and a half times the amount as the first one held just seven months earlier. A simultaneous series of Twestivals, held in hundreds of cities around the world over a couple of days in September had raised more than $362,000 as Professional Fundraising went to press, a significant improvement on the $250,000 raised by the same event held inFebruary.
BingoLotto has been axed less than a month after launch due to a lack of interest in the game. The national fundraising bingo game, which aired on Virgin 1 and was on offer at 2,000 Tesco stores across the UK, has been scrapped after disappointing ticket sales.
Bmycharity has scrapped all fees and commission charges on its fundraising pages, making online sponsorship entirely free to charities. On the day that the ballot opens for next year’s London Marathon, for which Virgin Money Giving will be the official affiliate sponsorship site, Bmycharity has announced that from midnight last night it will not charge anything to process sponsorship donations to charities
The 2009 Great North Run has already raised more than one and a half times as much as last year. The run, which is the world’s largest half-marathon, attracted 29 per cent more participants than in 2008, but has already raised 55 per cent more donations than the 2008 event.
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