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philanthropy

March 27, 2014

There’s little that kills as many so quickly as a natural disaster, and millions of people across the world dig deep when faced with so much suffering. Foundations have pockets deep enough to help, but might not know where to begin. 

There’s little that kills as many so quickly as a natural disaster, and millions of people across the world dig deep when faced with so much suffering. Foundations have pockets deep enough to help, but might not know where to begin.

March 18, 2014

Mining billionaire Andrew Forrest, the chairman of Australian family business Fortescue Metals Group, has launched a global anti-slavery foundation at the Vatican in Rome.

Mining billionaire Andrew Forrest, the chairman of Australian family business Fortescue Metals Group, has launched a global anti-slavery foundation at the Vatican in Rome.

Forrest said he launched Global Freedom Network after his daughter Grace had volunteered at a Nepalese orphanage, only to find the children were being trafficked to the Middle East to be sex slaves.

March 11, 2014

Flat pack housing, inspired by Ikea’s famous self-assembly furniture, is providing a more sturdy alternative to tents in refugee camps, according to an annual report released today by the family business’s philanthropic foundation.

Flat pack housing, inspired by Ikea’s famous self-assembly furniture, is providing a more sturdy alternative to tents in refugee camps, according to an annual report released today by the family business’s philanthropic foundation.

According to the Ikea Foundation, the units can comfortably house five people, and are more secure and durable than the tents that are normally used, which need to be replaced about every six months.

March 6, 2014

A new wing at the British Museum, opening today, has been made possible by one of the largest private philanthropic donations to the arts in the UK in recent decades, but the country still lags behind the US when it comes to charitable donations to arts and heritage.

A new wing at the British Museum, opening today, has been made possible by one of the largest private philanthropic donations to the arts in the UK in recent decades, but the country still lags behind the US when it comes to charitable donations to arts and heritage.

The Sainsbury family, of the eponymous supermarket empire, donated £25 million (€30.5 million) to the World Conservation and Exhibitions Centre at the London institution, which will open with an exhibition of Viking artifacts.

February 13, 2014

A self-titled foundation established to leave a legacy in the world used to be the prerogative of the very wealthy, but increasingly philanthropists are abandoning their vanities in favour of high-impact spend-out models for their trusts. CampdenFB reports

The study of philanthropy is an imprecise science and there is no formula that can predict why a wealthy individual would decide to give and to which causes, much less why they would decide it’s time to stop.

February 11, 2014

Despite fewer tax incentives and more social services, European and Asian high net worth individuals are almost on par with their US counterparts when it comes to philanthropy, according to new research.

Despite fewer tax incentives and more social services, European and Asian high net worth individuals are almost on par with their US counterparts when it comes to philanthropy, according to new research.

The second annual BNP Paribas Individual Philanthropy Index, released today, ranked the US first across all four categories assessed, which included: their current and projected level of giving as a percentage of total wealth; promotion of philanthropic activities; and innovation.

January 23, 2014

A third-generation member of the family behind US outdoor clothing chain L.L. Bean has donated the island where his grandfather, the family business's founder, hunted for ducks to a conservation charity.

A third-generation member of the family behind US outdoor clothing chain L.L. Bean has donated the island where his grandfather, the family business's founder, hunted for ducks to a conservation charity.

December 11, 2013

A family business leader committed to improving transparency, accountability and corporate governance in the Arab world has been named philanthropist of the year at the second annual Campden Wealth Middle East Philanthropy Awards, in association with Abu Dhabi Islamic Bank (ADIB).

A family business leader committed to improving transparency, accountability and corporate governance in the Arab world has been named philanthropist of the year at the second annual Campden Wealth Middle East Philanthropy Awards, in association with Abu Dhabi Islamic Bank (ADIB).

CampdenFB received more than double the number of nominations for this year’s awards than in 2012, coming from more than half a dozen countries across the Middle East.

November 12, 2013

Universities receive the lion's share of one-off donations above $1 million (€744,000), according to a recently published study of donor trends in six regions around the world.

Universities receive the lion's share of one-off donations above $1 million (€744,000), according to a recently published study of donor trends in six regions around the world.

The Million Dollar Donors Report 2013, published by UK-based private bank Coutts, found that of the 2 billion known donations over $1 million in the six areas surveyed, 37% were made to higher education institutions.

The study tracked more than $19 billion-worth of donations from 1,249 donors from across the USA, UK, Russia, China, Hong Kong and the GCC.

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