We define philanthropy as the giving of resources in an engaged and strategic way for maximum impact and in a tax efficient manner. It can include the giving of money, assets, time, talent, voice and one’s social capital. We believe in the power of philanthropy as a great social connector and the source of many great opportunities.

City Philanthropy

A Wealth of Opportunity

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Global corporate giving strong, new report reveals

Exactly half of the companies examined in a new US  report on global corporate giving gave more in 2010 than they did before the economic downturn and one quarter of companies increased giving by more than 25% since 2007.

The US-based Committee Encouraging Corporate Philanthropy (CECP), which published the report, says: “The polarity of corporate responses since the downturn reflects the myriad ways in which corporate giving programmes react to economic uncertainty, growing community need and budget setting processes.”

Work hard, play hard, give hard – is this the next generation of city bankers?

by Nicola Hill and Cheryl Chapman

The recent launch of two organisations is pointing to a new appetite for ethics, social responsibility and philanthropy among the next generation of bankers and financiers.

Last week the Young Philanthropy Syndicate launched with the aim of encouraging young professionals into philanthropy with the support of an experienced philanthropist or business leader.

Corporate philanthropy more strategic Deloitte report reveals

Large companies are focusing more on in-kind donations, which fit their own business objectives, according to a report by Deloitte, the business advisory firm.

More than just giving says that while corporate responsibility is still essentially philanthropic, it is becoming increasingly strategic. Factors which are being taken into account include the need to improve employee retention, attracting new markets and enhancing reputation.

Travelex chairman Lloyd Dorfman makes £10m donation to National Theatre

Lloyd Dorfman CBE, Travelex founder and chairman and National Theatre board member has pledged a personal philanthropic gift of £10m to the National’s NT Future redevelopment project. The donation will form the cornerstone of the £70m fundraising campaign.

In recognition, the Cottesloe Theatre will be renamed the Dorfman Theatre when the redevelopment programme is completed.

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