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will provide for their children, but
Philanthropists are embracing new
charity is also important. A 2000 Lloyds
ways of giving, such as venture
TSB survey revealed that over half of
philanthropy. They also are utilising
people with liquid assets of £250,000 or
new types of charity financing –
more would prefer to either spend their
including loans and equity – to support
money or give it to charity rather than
charities and social enterprises, filling a
to their children.
gap in the funding market. Meanwhile, charitable banks have been established,
5. Givers increasingly want to see the impact of their donations
enabling social investors to help disadvantaged communities to achieve sustainable economic growth.
As they become more sophisticated
of their support. This goes beyond
8. There is a growing range of charitable services that help donors to give effectively
outputs, such as the number of people
There is a growing infrastructure of
helped, to address the longer-term
charities and professional service firms
outcomes and impacts on beneficiaries,
to support and promote effective giving,
such as improved health or self-esteem.
and to help new and existing donors
Donors are also demanding increased
to take a more informed and strategic
accountability and transparency from
approach to giving. Meanwhile, private
charities. They want to be confident
banks are expanding philanthropy
that their money is being used both
services to their high net-worth clients.
and strategic in their giving, donors increasingly want to see the impact
effectively and efficiently.
6. More donors are giving together More donors are joining together to leverage their funding and to share learning. These include ‘giving circles’ such as The Funding Network, as well as funding vehicles such as ARK and the Private Equity Foundation.
9. Information flows are improving Publicly available information on charities generally has been wanting. However, this is changing with improved quantity and quality of information flows in the sector. These include online resources, such as the Charity Commission’s Register of Charities, GuideStar UK and Intelligent Giving, as well as research into
7. Innovation in charity financing is growing
different areas of charitable activity
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