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August 1, 2013

UK publisher and social enterprise group Big Issue will seek family office investors to help it reach its £250 million (€287 million) target for an ambitious new social investment fund, which could potentially dominate the UK sector.

UK publisher and social enterprise group Big Issue will seek family office investors to help it reach its £250 million (€287 million) target for an ambitious new social investment fund, which could potentially dominate the UK sector.

Announced this week, the new Big Issue Invest Fund Management division will launch a series of funds designed to offer financial returns for investors, and social returns for the enterprises and organisations it invests in.

July 3, 2013

Israeli shipping magnate Eyal Ofer has made quite a splash in the London art scene, announcing a huge donation to the UK's most visited gallery.

Israeli shipping magnate Eyal Ofer has made a splash in the London art scene, announcing a huge donation to the UK's most visited gallery.

Through the Eyal Ofer Family Foundation, Ofer – who with his younger brother Idan controls the Herzliya-based Ofer Brothers Group – donated £10 million (€11.8 million) towards the extension of the Tate Modern.

June 14, 2013

The Clinton Foundation, the multi-billion dollar philanthropic organisation founded by former US president Bill Clinton in 2001, is to be renamed the Bill, Hillary and Chelsea Clinton Foundation to reflect the roles of the entire family in the organisation.
 

The Clinton Foundation, the multi-billion dollar philanthropic organisation founded by former US president Bill Clinton in 2001, is to be renamed the Bill, Hillary and Chelsea Clinton Foundation to reflect the roles of the entire family in the organisation.

The Clintons made the announcement on 13 June at the third-annual meeting of the Clinton Global Initiative America, at the Sheraton Hotel in Chicago.

June 3, 2013

Switzerland has a foundation for every 650 people, but what is it that makes it such an important centre for them?

Inselspital, one of Switzerland’s leading hospitals, started caring for patients back in the 14th century, making it one of the oldest hospitals in Europe.

May 31, 2013

Wealthy philanthropists who are discreet about their giving could be undermining their charitable efforts, a new study examining cultural trends in philanthropy reveals.

Wealthy philanthropists who are discreet about their giving could be undermining their charitable efforts, a new study examining cultural trends in philanthropy reveals.

The first Individual Philanthropy Index, conducted by Forbes Insights and French bank BNP Paribas examining philanthropic giving in Asia, Europe and the Middle East, also found that motivating factors for giving varied across the regions studied.

April 26, 2013

Education that revolves around play may sound like every kid's dream, and for some children in Billund, Denmark, it is about to become a reality at a new school founded by Lego.

Education that revolves around play may sound like every kid's dream, and for some children in Billund, Denmark, it is about to become a reality at a new school founded by Lego.

The International School of Billund is the idea of Kjeld Kirk Kristiansen, the third-gen former head of Lego. He is aiming to turn his hometown into a "capital of children".

The Kristiansen family's Lego Foundation will fund the project. The foundation, with a 25% stake in Lego Group, conducts and sponsors research into teaching and child development.

April 17, 2013

Whether to get the family business involved in giving, and how to approach business philanthropy can seem daunting at first but the following overview takes a look at the why and how. 

It is fair to say that International Corporate Philanthropy Day 2013 passed this February without much fanfare in the UK. In fact, the year 2011, which the UK coalition Government designated ‘the year of corporate philanthropy’ also came and went without much notice.

April 2, 2013

The Bharti Foundation’s educational programmes aimed at India’s poorest people could dramatically improve their lives,
and change attitudes towards women.
 

If there is one thing that a philanthropist wants, it’s bang for their buck. One way to increase the chances that your money does real good is to address a problem where the possibility of success is great, and it’ll be clear what success looks like.

Take, for example, literacy rates among the underprivileged in India – and especially among girls. Female literacy there is appallingly low. Nationwide, just two-thirds of women can read and write, a number that falls to just half in the north-west state of Rajasthan.

March 14, 2013

Wealthy people in the UK would donate more if charitable organisations could prove their impact more clearly, according to a study by New Philanthropy Capital.

Wealthy people in the UK would donate more if charitable organisations could prove their impact more clearly, according to a study by New Philanthropy Capital.

A report by the research and consultancy group found the wealthy were “less satisfied” with the information available to them to assess a charity’s effectiveness compared to those on lower incomes.

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