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Matthew Bowcock, chairman of the Community Foundation Network, writes about his philanthropic journey.
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Welcome to the September 2009 edition of the Philanthropy UK Newsletter. The demand for ‘more effective’ philanthropy has given rise to an ancillary ‘sector’ – philanthropy advice. Donors today can take advantage of a growing number of very different organisations prepared to advise and support them on how to give more effectively, efficiently and enjoyably. But as the number of these providers increases and the sector expands – and in the last few months we have seen at least four advisory services launch in the UK alone – so the choices can become overwhelming. Where does a donor seeking formal advice begin?
In this issue of the Philanthropy UK Newsletter, we attempt to answer that question. We have interviewed a broad cross-section of providers, including charities, wealth managers, solicitors and specialists to find out what services they offer and what each one feels is their unique selling point. Our Quick guide to philanthropy advisors is a user-friendly matrix of services currently on offer and is presented in an easy-to-compare format.
Our lead feature goes ‘inside’ the advisory sector to explore the opportunities, challenges and issues facing donors and advisors, and in ‘A decade of development’ we chart the rise of the advisory ‘market-to-be’ - for this sector is still finding its feet. The development of the market is under discussion in ‘The business of philanthropy,’ in which specialist advisor New Philanthropy Capital looks at how the market might be built, offering insights from its own research due to be published this autumn. The US market is a fair way ahead of Europe, and in her 'Letter from America' Melissa Berman, CEO of Rockefeller Philanthropy Advisors, gives a personal view, exploding a few myths about setting up as an advisor and offering informed opinion on what will aid the development of philanthropy advice across the globe.
We hope you find this newsletter useful and we always welcome feedback and ideas from our readers, so if you would like to comment on this issue, or contribute an original article, please email us at editor@philanthropyuk.org.
Best wishes,
Cheryl Chapman
Managing Editor
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