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

Coutts Million Pound Donor Report 2015

Nov 17th 2015

Coutts' 2015 Million Pound Donor Report offers invaluable insight into major donations (£1m+). In the UK the number of million pound donations increased by only 2% (298 donations) but the value of these donations increased by 15% to £156bn. The report also found that London is the philanthropy capital of the UK with 192 of the 298 gifts - equating to £1.05bn or two-thirds of the UK's total value.

Foundations and universities remained the most popular beneficiaries of major grants, receiving £565m and £485m respectively. Foundations received 36% of donations, up from 23% in 2013, which may be indicative of the recent trend among high-net-worth donors to pledge their fortunes to charity before their death. The largest donation in the study was £105m to establish the Bet365 Foundation.

Corporate giving accounted for nearly 23% of the overall value in 2014, a significant increase over previous year (15% in 2013). These figures were the result of continued philanthropic activity by established firms such as Goldman Sachs, GlaxoSmithKline and Shell as well as a number of new entrants and their associated foundations, such as Bet365.

Visit Coutts to read the report in full.



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