In India & International Philanthropy, Major Donors, Observations on 02/19/2014 at 1:34 am
Majority of Wealthy Individuals See ‘Urgent’ Need for Philanthropy, Survey Finds | News | PND.
Four in five high-net-worth individuals in Asia, Europe, the Middle East, and the United States see an “urgent” or “extremely urgent” need for philanthropic giving worldwide, a report from PNB Paribas Wealth Management and Forbes Insights finds.
Based on a survey of more than four hundred high-net-worth individuals, the 2014 PNB Paribas Individual Philanthropy Index (32 pages, PDF) found that 56 percent of respondents viewed the need for philanthropy as “extremely urgent” — including 64 percent of those in the U.S. and 61 percent in the Middle East — while 23 percent viewed it as “urgent.” The survey also found that U.S. respondents considered health to be the most urgent global issue in need of funding, while respondents in Asia, Europe, and the Middle East cited the environment. When asked specifically about needs in their own countries, 67 percent of U.S. respondents and 65 percent of those in the Middle East said the need for philanthropy was “extremely urgent,” compared with 41 percent in Asia and 39 percent in Europe.
In India & International Philanthropy, Major Donors, Observations, Planning, Prospects on 02/19/2014 at 1:30 am
As Billionaires’ Wealth Skyrockets, Their Philanthropy Does Not – Businessweek.
The Chronicle of Philanthropy released its annual “Philanthropy 50” list this week, detailing the gifts of the most generous donors in America. These individuals are “ditching the caution that marked so much of their giving as the economy stalled and are roaring back” with $7.7 billion in contributions, 4 percent more than in 2012, the publication says.
Some $7.7 billion is nothing to scoff at. It’s also possible that the figure would be higher if anonymous donations were included. The Chronicle publishes an excellent data set, however, and a closer look at the numbers suggests there is not quite a “surge” or “boom” in the largest gifts.
In India & International Philanthropy, Major Donors on 02/03/2014 at 9:56 pm
Inside Philanthropy: Fundraising Intelligence – Inside Philanthropy.
Inside Philanthropy joins a market for foundation news that already includes The Chronicle of Philanthropy, Foundation Center, and GrantStation, all of which publish databases of information about grants and news about grant makers. But Mr. Callahan sees a niche for a site providing more “inside” information, for example the email addresses of program officers. Not everyone is thrilled by that idea. Mr. Callahan says one foundation asked him to replace the direct addresses with its institutional email address— but he declined.
In India & International Philanthropy, Major Donors, Planning, Prospects on 01/29/2014 at 11:39 pm
Fidelity gift fund made $2.1 billion in grants for clients – Business – The Boston Globe.
Fidelity Charitable, the donor-advised fund operated by Boston financial house Fidelity Investments, made grants totaling $2.1-billion on behalf of clients last year, up 29 percent from 2012, writes The Boston Globe.
Reckoned the country’s second-biggest charity in The Chronicle of Philanthropy’smost recent Philanthropy 400 list, Fidelity Charitable collected $3.6-billion in gifts in the 2013 fiscal year, much of it in the form of appreciated stocks and mutual funds. It made grants to more than 80,000 organizations, with the number of $1-million-plus payments increasing by 47 percent.
In India & International Philanthropy, Major Donors on 01/21/2014 at 11:06 am
Ahead of Davos: The $1.7 trillion question – World – NZ Herald News.
The 85 richest people on the planet have accumulated as much wealth between them as half of the world’s population, political and financial leaders have been warned ahead of their annual gathering in the Swiss resort of Davos.
The tiny elite of multibillionaires, who could fit into a double-decker bus, have piled up fortunes equivalent to the wealth of the world’s poorest 3.5 billion people, according to a new analysis by Oxfam. The charity condemned the “pernicious” impact of the steadily growing gap between a small group of the super-rich and hundreds of millions of their fellow citizens, arguing it could trigger social unrest.