The Institute for Philanthropy is a not-for-profit organisation which provides information and educational programmes to philanthropists and to charitable organizations. [1] Originally established in 2000 by Hilary Browne-Wilkinson, a former solicitor [2] at University College London, [3] the Institute currently operates from offices in London and New York. [2]
Founded | 2000 |
---|---|
Founder | Hilary Browne-Wilkinson |
Type | Operating public charity |
Focus | Philanthropy |
Method | Research, Advice, Educational programs |
Key people | Dr Salvatore LaSpada, Chief Executive Nicholas Ferguson, Chairman |
Website | www |
The Institute carries out research about charitable organizations and charitable tax law, and provides advice to potential donors on the efficient utilisation of funding. [2] [4]
The Institute works to increase effective philanthropy in the United Kingdom and internationally, by raising awareness and understanding of philanthropy, [5] [6] providing donor education [6] [7] and building donor networks. [8]
The Institute has developed several international philanthropy programmes:
The Institute has partnered with several leading organisations including Credit Suisse, [13] [14] Goldman Sachs, The Royal Bank of Canada and Arcapita. It has also worked with charitable foundations such as The Rockefeller Foundation, The Wellcome Trust and The Bill and Melinda Gates Foundation [ citation needed ]. It also provided advice and nominations for the Inaugural Happy List.
Philanthropy is a form of altruism that consists of "private initiatives for the public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material gain; and with government endeavors that are public initiatives for public good, such as those that focus on the provision of public services. A person who practices philanthropy is a philanthropist.
The Pew Charitable Trusts is an independent non-profit, non-governmental organization (NGO), founded in 1948.
Alida Rockefeller Messinger is an American philanthropist who is an heir to the Rockefeller family fortune.
The Charities Aid Foundation (CAF) is a registered UK charity that operates in the United Kingdom, the United States of America and Canada. It works with companies, private philanthropists, regular donors, fellow foundations, governments, charities and not-for-profit enterprises to enable them to give more. Its stated purpose is to “accelerate progress in society towards a fair and sustainable future for all.”
Big Give is a non-profit, charitable website that enables donors to find and support charity projects in their field of interest. It was founded in October 2007 by Sir Alec Reed CBE. His son James Reed became Chair of Trustees in 2019.
A foundation in the United States is a type of charitable organization. However, the Internal Revenue Code distinguishes between private foundations and public charities. Private foundations have more restrictions and fewer tax benefits than public charities like community foundations.
Until 1969, the term private foundation was not defined in the United States Internal Revenue Code. Since then, every U.S. charity that qualifies under Section 501(c)(3) of the Internal Revenue Service Code as tax-exempt is a "private foundation" unless it demonstrates to the IRS that it falls into another category such as public charity. Unlike nonprofit corporations classified as a public charity, private foundations in the United States are subject to a 1.39% excise tax or endowment tax on any net investment income.
New Philanthropy Capital (NPC) is a charitable organisation based in London, United Kingdom. It describes itself as "the think tank and consultancy for the social sector." NPC aims to help charities, foundations, philanthropists, impact investors, social enterprises, corporates, and the public sector to maximise social impact in the lives of the people they serve.
Sigrid Maria Elisabet Rausing is a Swedish philanthropist, anthropologist and publisher. She is the founder of the Sigrid Rausing Trust, one of the United Kingdom's largest philanthropic foundations, and owner of Granta magazine and Granta Books.
Margaret Anne Cargill was an American philanthropist and heiress to part of the Cargill fortune.
National Philanthropic Trust (NPT) is an American independent public charity that provides philanthropic expertise to donors, foundations and financial institutions. NPT ranks among the largest grantmaking institutions in the United States.
UK Community Foundations (UKCF) is a registered charity that leads a movement of community foundations committed to positive social change in the UK through the development of “community philanthropy”. Community philanthropy involves people from all parts of a community working together locally to use the financial and other resources available to them to improve others’ lives.
Philanthropy in the United States is the practice of voluntary, charitable giving by individuals, corporations and foundations to benefit important social needs. Its long history dates back to the early colonial period, when Puritans founded Harvard College and other institutions. Philanthropy has been a major source of funding for various sectors, such as religion, higher education, health care, and the arts. Philanthropy has also been influenced by different social movements, such as abolitionism, women’s rights, civil rights, and environmentalism. Some of the most prominent philanthropists in American history include George Peabody, Andrew Carnegie, John D. Rockefeller, Henry Ford, Herbert Hoover, and Bill Gates.
The Youth and Philanthropy Initiative, also known as YPI, teaches secondary school students the fundamentals of philanthropy, and gives students the opportunity to play a direct role in making a financial grant to a local, grassroots social service organization in their own community.
Donors Trust is an American nonprofit donor-advised fund. It was founded in 1999 with the goal of "safeguarding the intent of libertarian and conservative donors". As a donor advised fund, Donors Trust is not legally required to disclose the identity of its donors, and most of its donors remain anonymous. It distributes funds to various conservative and libertarian organizations, and has been characterized as the "dark money ATM" of the political right.
In philanthropy, donor intent is the purpose, sometimes publicly expressed, for which a philanthropist intends a charitable gift or bequest. Donor intent is most often expressed in gift restrictions, terms, or agreements between a donor and donee, but it may also be expressed separately in the words, actions, beliefs, and giving practices of a philanthropist. Donor intent is protected in American law regarding charitable trusts, and trustees' primary fiduciary obligation is to carry out a donor's wishes.
Bernard Sabrier, is a Swiss financial entrepreneur. Born on 12 February 1953, he took over the Geneva-based company Unigestion from his father in 1976 and established it as one of Europe’s leading independent asset managers.
Sir Alec Edward Reed, CBE, FCMA, FCIPD is the founder of Reed Executive Ltd, one of the UK's largest private businesses. Knighted for services to business and charity in 2011, Reed is a high-profile charity donor and organiser. His various charitable initiatives have given away over £284m, mostly in support of women, addiction, overseas development, education and the arts.
Geoffrey De Jager is a retired entrepreneur and philanthropist. He is currently the owner of Anglo Suisse Investments Limited alongside various charitable positions at The Rhodes University UK Trust, The Oxford Philharmonic Orchestra, Chairman of Classics For All and The Sparrow Schools Foundation.