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

International Giving

Oct 14th 2014
Donors with roots in Bangladesh, for example, might prefer to donate to a local charity rather than a western organisation. Photo: Adnan Islam/ Creative Commons
Donors with roots in Bangladesh, for example, might prefer to donate to a local charity rather than a western organisation. Photo: Adnan Islam/ Creative Commons

A recent report by the Charities Aid Foundation (CAF) looks at the way in which diaspora communities in the UK have changed the giving landscape.

International Giving, which surveyed 1,000 high net worth donors, comparing 250 who identified as having roots in the Indian subcontinent or the Asia Pacific region with 750 who identified more strongly with a British heritage, reveals that:

  • British donors with origins outside the UK prefer to donate to local charities in developing countries rather than western charities.
  • Those with origins in the Indian subcontinent and the Asia Pacific region share an empathy for the widening gap between rich and poor.
  • "Diaspora donors" are more likely than those who identify as British to volunteer, fundraise and use social investment models to ensure they are making the most of their resources.
  • Social investment alone makes up 11% of philanthropic activity for those surveyed from the Indian subcontinent, as opposed to 6% from the Asia Pacific, and 4.6% for those identifying with a British heritage.
  • Groups from the Indian subcontinent and Asia Pacific indicate more than a third of their investment wealth has a social motivation.

To read up on the report in more detail please read our news story here.

To read the report in full, please click here.

 

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