News, events and new research
Top 100 Charities Update
Cathy Pharoah of CGAP has updated the Top 100 charities, and this has been recently published by CaritasData. See the CaritasData’s website and download the report if you leave your email address. The Pharoah/ CGAP authorship reference is inside the report. The link is here:
Professor Cathy Pharoah on Prime Time Radio
Listen to Professor Cathy Pharoah on South Korean radio 'Prime Time' commenting on Mark Zukerberg's recent major philanthropic donation on Tuesday 9th December.
New research reveals extent of family involvement in top foundations
Almost three quarters of top UK family foundations have either founder donors, other family members or both on their boards, underlining the significant extent of active family involvement in the ecology of UK charitable funding
The finding has emerged from the latest in a series of annual research reports, Family Foundation Giving Trends 2015; led by Professor Cathy Pharoah of the Centre for Giving and Philanthropy at Cass Business School, published by the Association of Charitable Foundations (ACF), and substantially supported by the Pears Foundation.
The research analyses the giving of the top 150 family foundations, which collectively contribute 56% of all foundation giving by value. It reveals that in 2013/14, out of total family foundation giving of £1.38bn, £678m was overseen by boards containing family trustees. Similarly out of total family foundation assets of £41.5bn, almost half was under management by a board including family members or living settlors.
Reflecting the health of the wider foundation sector, family foundation giving was shown to be relatively buoyant, with grant-making increasing by 4.2%.
The findings also show the enduring appeal and value of the foundation model, with family foundation assets rising by a real 14% and new gifts into family foundations via business donations and legacies growing by a real 20%, outstripping the rate seen in foundations more generally.
As well as ranking the Top 150 Family Foundations by the value of their grant-making and providing a fresh insight into the size, shape and nature of their contribution to UK civil society, the report also details the dynamic and changing nature of the sector. The overall picture that emerges is of a diverse set of highly engaged philanthropists, dedicated to the foundation model as the most transparent and intentional way of converting private wealth into public benefit.
Professor Cathy Pharoah, said:
“For the first time our foundation research shows the ongoing importance of family wealth, family traditions, and family vision in the UK’s charitable giving; with many individuals taking a strong hand in strategy. These findings should be noted by any policy-makers or legislators inclined to mechanistic thinking: independence and individualism, often expressed through the family, continues to play an important role in UK philanthropy. ”
Foundation model shows its resilience as grant-making hits £2.5bn - The Top 300 Foundations
Foundation grant-making has risen to £2.5bn, with over 65% of this year’s Top 300 increasing their giving, underlining the resilience of the foundation model in the face of continuing external pressures.
The finding has emerged from the latest in a series of annual research reports, Foundation Giving Trends; led by Professor Cathy Pharoah of the Centre for Giving and Philanthropy (CGAP) at Cass Business School, published by the Association of Charitable Foundations (ACF), and substantially supported by the Pears Foundation.
Professor Cathy Pharoah, said:
'Better data on philanthropy is increasingly vital. It helps provide a realistic context for assessing the feasibility of political aspirations for the role of private philanthropy in public welfare provision. We also very much want to know whether philanthropy is growing at a time of increasing private wealth, but continuing social inequality.'
As well as ranking the Top 300 Foundations by the value of their grant-making and providing a fresh insight into the size, shape and nature of foundations’ contribution to UK civil society, the report also details the important contribution made by corporate foundations. The overall picture that emerges is of a dynamic and diverse sector, using its independence in order to respond flexibly to need, make bold interventions in line with its charitable purposes, and support advocacy.
More to Give: London Millennials Connecting for a Better World
This new report More to Give: London Millennials Connecting for a Better World presents the findings of the second part of London-wide research on giving commissioned by City Philanthropy. The first part More to Give: London Millennials Working towards a Better World looked at the charitable involvement of London workers generally, revealing enormous potential for philanthropy among younger millennial (aged under 35) employees if given the right encouragement.
This second part makes the first indicative estimate for all private giving in London, asking whether it matches the city's dominant economic position in the UK, and turns the spotlight on millennial employees who are taking philanthropy into their own hands as part of ‘donor-led’ networks, motivated by a desire to create a better world.
Together this research, and the earlier study, present the broad view of the potential for giving among London’s millennial employees; the benefits that donating money and skills delivers to donors and beneficiaries and how this dynamic new movement can be supported and encouraged.
How engaged are city employees in giving and philanthropy today?
New research carried out by CGAP with City Philanthropy reveals a strong desire amongst the 'millennial generation' of city employees to support charities more through giving and volunteering.This first London-wide study of employee involvement and attitudes to giving shows workplace schemes and initiatives are the second largest influence on giving and volunteering under-35s, after friends and family.
European Study: Foundation Funding of Research and Innovation
The final report from the EC-funded Europe-wide research survey (EUFORI) on the contribution of foundations and other charities to research and innovation has now been published. The UK results, produced by Cathy Pharoah and Meta Zimmeck on behalf of CGAP at Cass are available here.
Cathy Pharoah and Meta Zimmeck. (2015). UK Country Report EUFORI Study. In B. Gouwenberg et al. (Eds.), EUFORI Study: European Foundations for Research and Innovation. Luxembourg: Publications Office of the European Union.
Research on the impact of austerity on smaller charities
Following a study in the North East, Garfield Weston Foundation have commissioned Cathy Pharoah to carry out a parallel study in Wales looking at why lower levels of grant applications are being received from small charities in deprived areas of the UK. Findings of the study in the North East.
The Values of Corporate Giving: An overview of models with case studies
The Values of Corporate Giving: An update on key figures and trends
These two new and complementary reports set out the results of research on corporate community support. One looks at how companies seek to embody different kinds of values, in different ways, when they develop their voluntary and community sector giving programmes and was written by Cathy Pharoah (CGAP) and Catherine Walker, Directory of Social Change (DSC) The second, in the context of current interest in developing 'big data' to increase our insights into various market sectors, reviews and updates the state of data on corporate giving, and its potential for links with other kinds of data on companies. It was written by Meta Zimmeck (Practical Wisdom and CGAP), and Cathy Pharoah.
The research programme was funded by ESRC Research Grant Ref. ES/F034113/1.
Corporate Giving: A Summary of the Literature
This is a companion piece to the Values of Corporate Giving papers, detailed above. It sets out a more detailed bibliography and meta-analysis of the various approaches taken to measuring corporate giving: it reveals fragmented and disjointed nature of methodologies which have been used in different studies.
Report on a 'Big Data' feasibility study
A new working paper by Cathy Pharoah and Meta Zimmeck, shows the challenges of trying to link existing corporate giving data with other datasets on companies, focussing on the Workplace Employee Relations Study.
The peculiar institution of charity: day seminar
This seminar is organised around four main topics:
- moral perspectives on current macro level dilemmas
- moral and philosophical aspects of charity as a moral institution (reciprocity, rights and duties)
- how are the ends/outputs of charity assessed? Moral questions about fundraising
- social justice and principles for distribution
A summary of the proceedings - in the form of tweets, blog posts and supporting documents - is available to read here.
Philanthropy education in the UK and continental Europe: Current provision, perceptions and opportunities
New CGAP report looks at the state of philanthropy education across the UK and continental Europe today, as public expectations of the contribution of philanthropy continue to grow. Written by Charles Keidan, Dr Tobias Jung and Professor Cathy Pharoah, and funded by The Diana, Princess of Wales Memorial Fund, it provides the first European map of teaching about philanthropy.