British donors 'continue giving during downturn'
Charities
10th November 2009
Philanthropy in Britain has remained "resilient" during the economic downturn, a new report has claimed.
According to the study of donations worth £1 million or more during 2007-08 by Coutts & Co and the Centre for Philanthropy at the University of Kent, donors remained keen to fulfil pledges despite the economic climate, with a decline of six per cent in the number of people committing such amounts.
The total value of these sums fell by 13 per cent over the year, as businesses and individuals were hit be the recession, but a higher proportion went directly to frontline charities rather than being banked in foundations.
Beth Breeze, the report's author, remarked: "The analysis presented in this report emphasises that it is also important to explore 'how' philanthropy has changed during the economic crisis."
Organisations seeking charity insurance policies may also be interested to learn that charities and voluntary sector minister Angela Smith recently described it as "absurd and wrong" to bar charity collectors from rattling tins, following reports that this had happened to some people representing the Royal British Legion's Poppy Appeal.
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