30th Oct 2017
Charities Aid Foundation and UK Community Foundations have published a report on the rise of donor-advised giving in the UK, called ‘Philanthropy comes of age’.
The report aims to increase understanding of the donor-advised giving model, which is becoming increasingly popular with businesses and philanthropists in the UK and across the globe.
The Platten Family Fund at the Community Foundation Tyne and Wear and Northumberland is featured in the report as an example of how the Community Foundation can use its expertise to allow generous people and organisations to make a difference.
In 29 years, the Community Foundation Tyne & Wear and Northumberland has built an endowment of nearly £80m, including many donor-advised funds.
Sandra King, Chief Philanthropy Officer at the Community Foundation says:
“I was pleased to take part in this research as I believe that donor advised funds are an easy, rewarding and impactful way for people to manage their philanthropy.
“We’re keen to work harder with professional advisors, businesses and individuals to unlock this type of philanthropy for local charities in North East England, and would advise anyone who would like to know more about this donor-advised funds and how they could work for you to get in touch with us.”
Click here to read the report in full.