Last year, the global billionaire population increased by 8.5 percent to 2,825 individuals, with North America and Asia seeing the strongest growth in both number of billionaires and collective net worth; however, not all billionaires are created equal, and even the 1 percent have been significantly impacted by the fallout from COVID-19. According to the […]
Read More Not All Billionaire Philanthropists Are Created EqualLooking for the latest charity giving stats and trends? NP Source has got you covered with stats on charitable, online, social, mobile and email giving, including: In 2017, the largest source of charitable giving came from individuals at $281.86 billion, or 72% of total giving; followed by foundations ($58.28 billion/15%), bequests ($30.36 billion/8%), and corporations […]
Read More The Ultimate List Of Charitable Giving Statistics“Philanthropy, it is popularly supposed, transfers money from the rich to the poor. This is not the case.” In the US, which statistics show to be the most philanthropic of nations, barely a fifth of the money donated by big givers goes to the poor. A lot goes to the arts, sports teams and other […]
Read More How philanthropy benefits the super-richPhilanthropists’ programme officers browse countless proposals from charities. Rachel Stephenson Sheff is a fundraising and philanthropy adviser at IG Advisors, where she represents the foundations of two philanthropists. She started her career as a fundraiser but going through applications to help clients decide where to put their money is a whole new ball game. So […]
Read More How to get your charity’s funding application to the top of the pileImpact investing, which aims to generate measurable social and environmental impact as well as financial return, is a wealth management buzz term right now. Yet while wealthy individuals and foundations are drawn increasingly to impact investing to advance their social missions, it is creating a few tensions in the philanthropic community. Some argue that impact […]
Read More How impact investing can complement but not displace philanthropy
