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Philanthropy

High net worth individuals in the UK, some of them family business members, are the biggest donators of £1 million (€1.17 million) or more to charities in the country, despite an overall decline in giving, according to a report by private bank Coutts.

High net worth individuals in the UK, some of them family business members, are the biggest donators of £1 million (€1.17 million) or more to charities in the country, despite an overall decline in giving, according to a report by private bank Coutts.

Family businesses are playing a greater role in family foundations, but more needs to be done to ensure family non-profits can become “fundamental and widespread” against a backdrop of increasing economic uncertainty, according to a report.

Family businesses are playing a greater role in family foundations, but more needs to be done to ensure family non-profits can become “fundamental and widespread” against a backdrop of increasing economic uncertainty, according to a report. 

Suri Sehgal has spent most of his life working in the food industry but now he is working hard to reduce poverty in the country of his birth, India.

Suri Sehgal has spent most of his life working in the food industry but now he is working hard to reduce poverty in the country of his birth, India

Asian philanthropists can make a big impact on the development of the region, thanks to a new strategic approach to charity that emphasises innovation, scale and sustainability.

Asian philanthropists can make a big impact on the development of the region, thanks to a new strategic approach to charity that emphasises innovation, scale and sustainability.

Ingvar Kamprad, the billionaire founder of Swedish furniture retailer Ikea, has promised to donate more than €1 billion to charity.

Ingvar Kamprad, the billionaire founder of Swedish furniture retailer Ikea, has promised to donate more than €1 billion to charity.

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