Give more to charity, say employers

Howard Lake | 23 September 2002 | News

Charitable giving in the UK should increase sharply, the Institute of Directors (IoD) claimed today.

Fifty nine per cent of employers believe that not enough money is set aside for good causes, according to the IoD’s report on The Giving Economy.

While the report argues that the level of charitable giving in the UK is much too low, a significant proportion of IoD members appear to be very generous:

• one-in-five IoD members give away at least 5% of their gross income each year.
• one-in-three IoD members give away at least 3% of their gross income each year.

The report was launched at a joint seminar on the future of philanthropy with London Partnership, the organisation which aims to create a new form of social entrepreneurship by inspiring ambitious young professionals in London to share their prosperity.

You can download the IoD’s policy paper “The Giving Economy” by Graeme Leach in Adobe Acrobat format (PDF).

About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale. He is the founder of Fundraising Camp and co-founder of GoodJobs.