Wealthy becoming increasingly active philanthropists despite downturn
Rise of the ‘Go Giver’: New breed of philanthropist emerges. Recession fails to dampen wealthy’s philanthropic spirit – one in four have increased contributions. Wealthy givers will become an invaluable source of innovation and investment for charities as Governments overburdened with debt become more constrained. Wealthy feel they can make bigger impact by donating directly to charity instead of through taxation. More…
Source: Barclays
