Barclays Wealth Tomorrows Philanthropist

A study released by Barclays July 2009 discussing the future of philanthropy in the US, UK, and around the world. Discusses how wealthy individuals choose causes to support and how they plan on increasing support of non-profits for the forseeable future.
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  In co-operation with Ledbury Research Tomorrow’sPhilanthropist  Contents Foreword1Methodology2Key Findings3Section 1:A New Age of Philanthropy4Section 2:Resilience in a Downturn12Section 3:Impact Giving18Section 4:Charity and Commerce Converge26Conclusion:The Next Generation of Giving30  1 Foreword Since its inception, Barclays Wealth has remained committed to the publication of thought-leadingresearch that helps us to engage with clients at different levels, with new ideas and with a betterunderstanding of the value of wealth.As a part of helping clients to make the most of their wealth, we provide advice across the spectrum so theycan fulfill the broader ambitions they wish to achieve. Philanthropy has long been central to this offering.In partnership with Ledbury Research, we have developed this report to build a compelling picture of thecurrent philanthropic landscape and how the wealthy are expected to engage with charities and causes inthe future.The paper is based on consultation with 500 UK and US-based high net worth and ultra high net worthindividuals. In addition, it uses the perspectives and insights of a wider panel of international expertsdrawn from charity, industry and finance circles. Tomorrow’s Philanthropist  looks at how philanthropic habits are evolving. Set against the backdrop of theglobal downturn, it is encouraging to see how much of a priority philanthropy has become and willcontinue to be. The report also indicates that a younger and ambitious type of philanthropist is emerging – a positive sign for causes and charities around the world.I hope you find this report an informative and entertaining read. Thomas L. Kalaris Chief ExecutiveBarclays Wealth  2 Methodology This report was authored by Ledbury Research on behalf of Barclays Wealth, to examine how the changingattitudes of high net worth donors will alter the future of charitable giving. It does not aim to glorify or judge theseindividuals, but rather to better understand how these important donors are changing behaviorally andattitudinally, and to assess the impact that these changes will have on philanthropic activity in the future.It is based on two main strands of research, conducted by Ledbury Research in May 2009. The first is a survey of 500 high net worth individuals in the UK and US (all with investable assets of over £500,000/$1m). These hard-to-reach individuals were asked questions about their current and future attitudes towards philanthropy, includinghow these have changed over the past decade. The results represent the first time that attitudes of high networth donors in the US and UK have been compared and contrasted in such a manner.Alongside this quantitative fieldwork, Ledbury interviewed 20 experts in the field of philanthropy, across the USand UK, about the key trends in charitable giving and how these might change philanthropy. We would like tothank our panel of experts, listed below, for their time and effort in helping to create this report: UK:Emma Turner , Head of Client Philanthropy, Barclays Wealth Martin Brookes, Plum Lomax and Lena Schreiber , CEO, Marketing Manager and Senior Consultant,New Philanthropy Capital Dominic Vallely and  Joe Steel , Founders, not-for-profit social networking site See the Difference Russell Prior , Executive Director, Enterprise and Philanthropy Development, Charities Aid Foundation Emma-Jane Weider and  Jennifer Chambers , Partners, law firm Maurice Turnor Gardner LLP Cameron Saul , Founder, UK Charity, Bottletop Beth Breeze , Centre for Philanthropy, University of Kent Doug Miller , Founder and Honorary President, European Venture Philanthropy Association US:Dr. Peter Diamandis , CEO, X-Prize Foundation Heidi Frederick , Assistant Director of Research, Indiana Centre for Philanthropy Doug Balfour , CEO, philanthropic advisors Geneva Global Matthew Bishop and Michael Green , Authors, Philanthrocapitalism Michael Sonnenfeldt , CEO, high net worth investor group TIGER 21  Joanne Heyman , Head of Donna Karan’s Urban Zen Foundation Donna Hall , CEO, Women Donors NetworkFor information please contact Barclays Wealth at:Barclays Wealth, 1 Churchill Place, London, E14 5HPEmailBarclayswealthcommunications@barclayswealth.comor
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