Philanthropists are increasingly choosing Donor Advised Funds as a vehicle for their charitable giving. Whereas charitable trusts were once the default option for philanthropists, this is no longer the case. In this article, we explore the growth of Donor Advised Funds and how they compare to charitable trusts. The growth of Donor Advised Funds In …
Philanthropists face a myriad of choices when thinking about philanthropic strategy. One key question is: what type of organisation to support? Donors often gravitate towards larger charities. However, as we shall highlight in this article, donors may be missing out on the impact generated by small charities. As long as philanthropists take into account their …
In 2006, Bill Gates famously said, “With great wealth comes great responsibility.” Back then, it felt like a prophetic statement, but almost two decades later increasing numbers of wealth owners share this view. As attitudes towards the origins, implications and applications of wealth are changing, we explore how wealth managers and financial advisors are responding. …
The 8th March marks International Women’s Day each year. This annual event is a focal point in the women’s rights movement. It is a day to recognise women’s achievements and celebrate how far women have come in politics, society and economics. It is also a day to raise awareness of enduring inequalities and forge positive …
Over the past 30 years, the value of inheritances has risen substantially in the UK. This raises some interesting dilemmas for society and individuals. For society, there are questions of equality and fairness. For individuals, there are questions of what to do with their wealth – spend it or give it away. This article explores …
339 million people, equivalent to one in 23 of the world’s population, will need humanitarian aid in 2023. That was the conclusion of the United Nations (UN) as it launched its Global Humanitarian Overview in December 2022. In this article, we discuss the UN’s report and how philanthropists can address growing humanitarian needs. The war …
On 2nd November 2022, the All Party Parliamentary Group on Philanthropy and Social Investment published a report on Unleashing the Potential of Philanthropy and Social Investment. The report highlights areas where the UK Government could promote higher levels of philanthropic giving and social investment. UK giving for the public good is estimated at over £22.3bn …
Each year on the 5th September, The Charity Service celebrates the United Nations International Day of Charity. As an organisation established to help donors make the most of their charitable giving, we recognise the huge contribution of charities in the UK and around the world. Charities play a vital role in alleviating humanitarian crises and …
Last year, The Charity Service awarded grants totalling £1.4m from our Donor Advised Funds. This article provides insight into the charitable causes we have supported. The Charity Service aims to promote philanthropy and empower impactful charitable giving. We do this by providing Donor Advised Funds, which enable philanthropists to engage in long-term charitable giving. Donor …