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Philanthropists are becoming younger
Citation-ready fact
Three quarters of 500 high net worth UK and US individuals surveyed have not decreased their philanthropic contributions in the last 18 months.
75 % · high net worth UK and US individuals surveyed
Barclays Wealth, reporting organization
Citation-ready fact
Over half of surveyed high net worth individuals feel a responsibility to donate more due to constrained government finances.
more than 50 % · those questioned
Barclays Wealth, reporting organization
PHILANTHROPISTS are younger, more generous, and more ambitious – despite the downturn, a report from Barclays Wealth will say today.
“Tomorrow’s philanthropist” has a stronger commitment to charity than previous generations, the survey will say, as they feel more responsibility to give generously, despite the impact of the worldwide slump.
Three quarters of the 500 high net worth UK and US individuals surveyed have not decreased their philanthropic contributions, whilst more than one in four (26 per cent) have increased their giving in the last 18 months, Barclays Wealth will say.
Over half of those questioned feel responsibility to donate more, as debt-laden governments become more constrained in their outgoings.
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