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Sep 2007: Issue 30

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Lord Adebowale offers his top tips for effective giving
This issue’s feature theme is Community Philanthropy: Thinking… and funding locally. This is inspired by Government’s recent announcement of a range of local community initiatives – such as its new £50m local endowment match fund – which are both refreshing and welcome.

Welcome

Welcome to the latest issue of the Philanthropy UK Newsletter. The exciting news to report is the recent launch of our new website which we hope you may have had a chance to visit. It’s been redesigned and updated to reflect the growing interest in philanthropy in the UK, and is now an even more valuable resource for all donors who want to make a difference.

Many new givers want to give effectively, but faced with a growing array of giving options, simply do not know where to start. Now they have somewhere helpful to turn – the Philanthropy UK website provides donors with the tools, the information, and the confidence they need to begin their own giving journey.

The launch of our new website has been made possible by the arrival of Roxanne Clark, our new Newsletter and Web Editor who has been instrumental in the launch of our new website and who we are delighted to welcome.

In this issue

This issue’s feature theme is Community Philanthropy: Thinking… and funding locally. This is inspired by Government’s recent announcement of a range of local community initiatives – such as its new £50m local endowment match fund – which are both refreshing and welcome.

Private giving has a long history of supporting local causes. Indeed, formal private community philanthropy dates back to the Charities Act of 1603. As ACF member Anthony Wilson says, “It’s national and international philanthropy that’s new, not local.” There are many ways we can support our local communities. Historically individuals, families and companies have set up private foundations to channel their funding to areas where they live or where their company is based. Today we also can give locally through community foundations or invest in community development finance institutions, both explored herein.

Elsewhere, we are delighted to welcome Matthew Bishop, New York Bureau Chief of The Economist, who is this issue’s Influential Reader. Matthew will speak about the emergence of ‘philanthrocapitalism’ – a term he coined – at ACF’s annual conference this month. A further improvement we have made is that several sections of the Newsletter – including News from around the sector and Philanthropy in the media – can now be found on our website and in our new fortnightly e-bulletin.

As always, we are especially grateful to our guest contributors, whose efforts continue to enrich these pages. We thank our readers for your support, and urge you to engage further with us. If you would like to comment on this issue, or to contribute an original article, please contact me at editor@philanthropyuk.org.

Best wishes,

Susan Mackenzie: editor

Giving news

US giving hits all-time high

Charitable giving in the US reached a new record of an estimated $295bn in 2006, according to Giving USA 2007. This is an increase of $12bn or 4.2 % over 2005, a year which saw exceptional giving...
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UK individual giving remains static

Charitable giving by individuals in the UK was £8.9bn in 2005/2006, the same amount as in 2004/2005, but up £0.5bn from 2003/2004 (UK Giving 2005/06).
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Sharing lessons learned in mission-related investment

The American F.B. Heron Foundation has published a case study of its mission-related investment strategy, sharing its experiences and lessons learned over the last 10 years.
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Oxfam targets major donors online

Oxfam is a name not necessarily associated with high-end giving, but with the launch of Projects Direct in June, the charity began raising its profile in this area.
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Conservatives announce proposals to boost charitable giving

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£50m aimed at building local endowments

A new £50m local endowment match fund has been announced in the Government’s final report on its third sector review (The future role of the third sector in social and economic...
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Community Philanthropy: Thinking...and funding locally

The future of community philanthropy: More than pantomines and football shirts

There is an insatiable appetite for community philanthropy. There are over 18,000 donors in the UK giving through community foundations who collectively awarded £140m last year, which makes...
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Local funders collaborate for impact

Funders around the country have joined together to network and share learning on supporting local projects. Below are descriptions and contact details of each UK regional funders forum. For more...
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In Good Company

In Good Company is an initiative of the Community Foundation for Merseyside to encourage companies to become involved in local communities. Local businesses are invited to join and pay a...
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How to choose a local charity to support

Local charities can be many things to many people. They are friends and families for those who have none. They are classrooms for people who need them. They are places to meet, eat, play and...
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Going local:corporate community philanthropy

As the concept of Corporate Social Responsibility is driven higher up the business agenda, an increasing number of companies are deciding to demonstrate commitment to their local communities...
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Giving through community foundations

The 60 community foundations in the UK have extensive local knowledge and expertise, and are able to target funds where they will have the most impact and make a genuine difference to the lives of...
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Community development finance

Community development finance is the provision of debt and equity finance (loans and shares) in communities or markets where mainstream financial services are weak and which are said to be '...
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Case study: 1

Trampolining lessons
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Case study : 2

Funder: Cripplegate Foundation Project: South Islington Advice Project
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Case study: 3

Professional dance company Franck II
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Case studies in local giving

Many trusts and foundations focus on local giving, defining their area of benefit to a geographical location, often stipulated by the original settlor. Remarked Anthony Wilson, Chair of the AW.60...
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Philanthropy UK interview

The Duke of Richmond and Gordon

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Events and programmes

Reports from Alliance magazine

The Philanthropy UK Newsletter is grateful to Alliance magazine for its permission to reproduce the following summaries of its event reports.
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Notices

ACF funder education programme The Association of Charitable Foundations (ACF) has launched its Professional Development Programme for 2007/8. The programme is a series of events for foundations...
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The top five: tips for giving

Investing for impact

In this regular column we invite influential individuals to contribute their ‘top five tips’ for giving.
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Influential Reader

Matthew Bishop

Matthew Bishop
Our ‘influential reader’ in this edition is Matthew Bishop, New York Bureau Chief of The Economist and coiner of the term ‘philanthropcapitalism’. His book with Michael...
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What's new in social investment

A brief round-up of developments in the social investment world

Prepared by the UK Social Investment Forum   Sustainable City Awards to promote ‘pro-poor investment’ The finance category of this year’s Sustainable City Awards is...
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Notices

Going global: A review of international development funding by UK trusts and foundations

International development is often new and unfamiliar territory for funders and they can struggle with the operational difficulty of funding internationally. But challenges can be overcome, according...
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Misspent youth: The costs of truancy and exclusion, a guide for donors & funders

Failure to tackle truancy is costing the economy £800m each year, but one third of this could easily be saved, according to this report. Misspent Youth provides detailed calculations and...
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Not seen and not heard: Child abuse, a guide for donors & funders

This report highlights a number of charities working to help those affected by child abuse, including charities that work in three areas. First, those that teach children how to identify abuse; for...
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Leadership in the Social Economy

This report explores the journeys of successful social entrepreneurs, including their common features and characteristics, how these relate to organisational life-cycles, and contains recommendations...
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Evaluation of the School for Social Entrepreneurs 1997-2007

This report contains the findings of a thorough and public evaluation into the efficacy of the first decade of work undertaken by the School for Social Entrepreneurs (SSE).
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The Billionaire who Wasn't: How Chuck Feeney secretly made and gave away a fortune

This authorized, but unapproved, biography tells the story of how Chuck Feeney made a fortune as the founder of Duty Free Shoppers, and then gave most of it away through his foundation, Atlantic...
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Beyond the Money: Reflections on philanthropy, the nonprofit sector and civic life 1999-2006

Concluding nearly 19 years as president of the Surdna foundation, Edward Skloot looks back on a period of rapid change in American philanthropy, social policy, politics and civic ideals. Building on...
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Giving: How each of us can change the world

Through his foundation and post-presidential work in the aftermath of the Asian tsunami and Hurricane Katrina, Bill Clinton has become an international spokesman and model for the power of giving. He...
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Book Reviews

Creating Change through Family Philanthropy

Philanthropy might seem like an excellent way for families to come together around a shared passion, but Creating Change through Family Philanthropy is refreshingly honest about the fraught internal...
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Generations of Giving: Leadership and Continuity in Family Foundations

A thoughtful observer of philanthropy predicted that at least half of all family foundations would run into trouble within the first two generations, face more difficult problems in the third...
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  • Giving news
  • Community Philanthropy: Thinking...and funding locally
  • Philanthropy UK interview
  • Events and programmes
  • The top five: tips for giving
  • Influential Reader
  • What's new in social investment
  • Publication Reviews and Notices
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The purpose of the Newsletter is to disseminate information about innovations and new developments in philanthropy. To submit an article for consideration, please contact the Editor at editor@philanthropyuk.org. The secretariat for the Newsletter is being provided by ACF. To subscribe free of charge, please complete our subscription form.

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