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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Why millennials matter so much

Mention the word ‘millennial’ to people of a certain age and you will likely receive a puzzled look and  the question “what IS a millennial?” However, according to statistics millennials will make up the majority of the global workforce by 2025 (between 55% and 75%). That's a fantastic opportunity for both charities and businesses, if they can adapt to meet the needs of this socially-motivated generation.

UK Community Foundations announces UK wide flood appeal as £4m pours in for worst hit areas

The UK Community Foundations (UKCF) today announced a UK wide Winter Flood Recovery Appeal to support the regions affected by this winter’s devastating floods. Already In the most badly affected areas of Calderdale, Lancashire, Cumbria and Greater Manchester the local community foundations have raised considerable sums of money for flood victims. Cumbria and Lancashire Community Foundations working together have raised in excess of £4m including Government match funding of £1m.

ICAP's 23rd charity day raises £7.5m for good causes

Leading City trading firm ICAP raised £7.5m for 200 charities at their 23rd annual global charity day. The star-studded event saw celebrities and royalty, including the Duke and Duchess of Cambridge, take to the phones to complete trading deals across the globe with 100% of ICAP's revenues and broker's commissions from the day going directly to charities.

The £7.5m raised on the day is equivalent to approximately 3% of ICAP's full year pre-tax trading profits. This brings the total amount raised, since the charity day was established in 1993, to nearly £127m.

The Big Give Christmas Challenge raises over £6.4m in three days

The Big Give Christmas Challenge has raised over £6.4m in three days for 258 participating charities. The Big Give is still offering the chance for donors to double their donations to a selection of charities until Monday 14th December.

There was incredible demand from donors to have their donations doubled when the campaign launched at midday on Friday 4th December, with 1,192 donations processed raising over £2.5m in the first five minutes of the Christmas Challenge.

Inspiring Philanthropy: Sara Vincente

In this occasional series of interviews with the City’s leading philanthropists we aim to bring guidance and inspiration to others.

Portuguese born Sara Vincente is Deputy COO of EMEA Equities at Morgan Stanley. After graduating in Economics in 2004 she spent four months volunteering in Mozambique with vulnerable children. This inspired her to set up a charity in her own time which provides food and education to children and their families in Mozambique which has raised over €1m and supported more than 1500 children.

Festive fundraising evening raises over £40,000

The Funding Network’s latest fundraising event kicked off the season of giving in style by raising £43,015 for four different charities.

The festive evening, held at Macquarie Group, featured mulled wine and mince pies as well as entertainment from the London Youth Choir. The main attraction was The Funding Network’s live crowdfunding session where attendees heard speed pitches from four charities and were then invited to pledge their money on the spot in a quick fire, dragons den style fundraising round.

Giving Tuesday sees sharp rise in online donations

Giving Tuesday (Dec 1st) saw a significant increase in online donations compared to last year, according to figures release by the Charities Aid Foundation (CAF).

Visa Europe announced that donations on Visa cards in the UK were 35% up on last year with more than £6,250 being donated every minute. 

Online fundraising platform JustGiving raised £1.25m  - a 46% increase on last year’s figure and not-for-profit fundraising and donations platform for UK charities, Virgin Money Giving, saw a 50% increase in donations compared to last year. 

Let's embrace Giving Tuesday rather than Black Friday

City Philanthropy Editor Jack Stewart shares his thoughts on why we should be adopting Giving Tuesday instead of Black Friday this year.

One in three Brits has admitted that they will waste money on Black Friday, according to a poll by the Charities Aid Foundation (CAF). 44% of 18-24 year olds and 50% of Londoners said they are likely to buy something they do not need.

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