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philanthropy

October 1, 2012

Campden Wealth, in association with the Abu Dhabi Islamic Bank, is launching the first Middle East* Philanthropy Awards, which will honour the individuals, foundations and initiatives that have made outstanding contributions in their respective fields.

Campden Wealth, in association with the Abu Dhabi Islamic Bank, is launching the first Middle East* Philanthropy Awards, which will honour the individuals, foundations and initiatives that have made outstanding contributions in their respective fields.
 
The awards will be held on December 9th in a special gala dinner in Abu Dhabi and will include four categories – Philanthropist of the Year; Young Philanthropist of the Year; Foundation of the Year; and Life-Time Achievement Award.
 

September 28, 2012

The Carnegie and Rockefeller families may have been among the forefathers of modern day philanthropy, but who is following in their footsteps?

The Carnegie and Rockefeller families may have been among the forefathers of modern day philanthropy, but who is following in their footsteps?

Research company Wealth-X reckons it knows. It has released a list of the “global top 20 emerging mega donors” – based on ultra-wealthy people’s efforts to “emulate forebearers of modern major giving”.

September 4, 2012

Britain’s broadcasting dynasty the Dimblebys have run a cancer charity for almost half a century, but tough times mean they are thinking hard about its future.

For two generations, the name Dimbleby has been associated with British journalism. The dynasty was founded by Richard Dimbleby, who made his name as a World War II reporter, sending the first broadcasts from Belsen. He was later famous for anchoring television broadcasts of the coronation of Elizabeth II and the state funerals of JFK and Winston Churchill. Two of his children, David and Jonathan, are today household names for their work on televised election coverage and political programmes, while two of his grandchildren, Joe and Kitty, are also journalists.

March 23, 2012

They might be under the age of 30, but next-generation members of wealthy families in India are increasingly making big decisions about charitable giving.

They might be under the age of 30, but next-generation members of wealthy families in India are increasingly making big decisions about charitable giving.

That’s according to the 2012 India Philanthropy Report by Bain & Company, which said young high net worth Indians, often working in family businesses, are “particularly interested in increasing their philanthropic involvement”.

March 19, 2012

Jeff Raikes has been tasked with giving away billions of dollars by the Bill & Melinda Gates Foundation. But the former Microsoft employee says he’s no modern-day Santa Claus.

Ho ho ho: and down the chimney he comes, spreading happiness with his gifts wherever he goes. With the contents of his sack valued at $36 billion (€27.15 billion) – all of which must be given away sooner or later – Jeff Raikes might seem like everyone’s idea of the modern-day Santa Claus.

February 9, 2012

Philanthropy has been hit by ongoing economic uncertainty in the US, with American family foundations donating less money in 2010 compared to 2008.

Philanthropy has been hit by ongoing economic uncertainty in the US, with American family foundations donating less money in 2010 compared to 2008.

A study by US research body the Foundation Center found that family foundations gave $20.6 billion (€15.5 billion) in 2010, compared to a record high of $21 billion in 2008.

However, the 2010 figure is a slight increase on 2009, when American foundations gave $20.4 billion.

February 7, 2012

A woman with strong family business links has topped the list of the most generous American donors in 2011, despite dying in 2006.

A woman with strong family business links has topped the list of the most generous American donors in 2011, despite dying in 2006.

Margaret Cargill, an heiress of agribusiness Cargill, donated about $6 billion (€4.56 billion) last year, according to figures from the Chronicle of Philanthropy.

This figure far exceeded the amount given by the second person on the list – the late William Dietrich, who gave $500 million.

February 6, 2012

High net worth individuals take on average 36 days to decide whether to give money to a charity and 55 days to buy a new luxury car, watch or piece of jewellery.

High net worth individuals take on average 36 days to decide whether to give money to a charity and 55 days to buy a new luxury car, watch or piece of jewellery.

That's according to a study by wealth research company Scorpio Partnership, Standard Chartered Private Bank and US-based asset management firm SEI.

The study, which is based on a survey of 3,300 individuals worldwide, also found that the high net worth individuals' confidence in their ability to increase their wealth in the near future has fallen in the last year.

December 13, 2011

High net worth women are responsible for the majority of wealthy family’s philanthropic decisions and often take a more cautious approach to giving than men, according to research by Bank of America Merrill Lynch. 

High net worth women are responsible for the majority of wealthy family’s philanthropic decisions and often take a more cautious approach to giving than men, according to research by Bank of America Merrill Lynch.

The 2011 Study of High Net Worth Women's Philanthropy, released on 12 December, found that in 90% of high net worth households, women either make decisions about giving to charities on their own or as an equal partner.

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