A report from Barclays Wealth Management suggests that wealthy philanthropists are not cutting back on their charity commitments despite the global economic downturn.
“Tomorrow’s Philanthropist”, polled 500 high net worth investors in the UK and US, emphasising that respondents are still highly committed to giving, despite their assets and businesses being under strain. When asked where they would make cuts if the downturn continued, respondents identified luxury goods, eating out, holidays and travel and staff as more expendable than charitable giving.
The next generation philanthropist is also increasingly interested in supporting global causes. 59 per cent of 18-34 year olds stated more interest in global charitable causes, compared to less than a quarter (24 per cent) of 35-44 year olds and a fifth of 44-45 year olds.
So, if you know any “Go Givers” please put them in touch with Peace Direct!