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philanthropy

September 4, 2014

The phenomenon of travel philanthropy is promising to put some adventure back into charity, but who benefits most – the recipient of the donor?

July 25, 2014

A Chinese billionaire couple has been condemned on social media for not supporting tertiary education in their home country after creating a scholarship for disadvantaged students to study at elite institutions abroad.

A Chinese billionaire couple has been condemned on social media for not supporting tertiary education in their home country after creating a scholarship for disadvantaged students to study at elite institutions abroad.

July 24, 2014

The daughter of the late Australian media mogul Kerry Packer has said her parents were the inspiration behind an AU$200 million charitable fund, launched by the family this week.

The daughter of the late Australian media mogul Kerry Packer has said her parents were the inspiration behind an AU$200 million (€140 million) charitable fund, launched by the family this week.

Gretel Packer, head of the family’s foundation, announced the National Philanthropic Fund will distribute $20 million yearly for the next decade.

The charitable fund will distribute half its money to indigenous education and community welfare, with the remainder going towards the arts.

May 6, 2014

The UK's largest charitable foundations increased their giving by 10% over the 18 months to March 2013, according to the Association of Charitable Foundations (ACF), despite falling public and corporate donations.

The UK's largest charitable foundations increased their giving by 10% over the 18 months to March 2013, according to the Association of Charitable Foundations (ACF), despite falling public and corporate donations.

Foundation Giving Trends found charitable giving by foundations grew by £271 million to £2.4 billion, accounting for 14% of total private charitable giving, while income fell by approximately the same amount.

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.

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