# 22 major donors share their giving motives and values

- Link: https://fundraising.co.uk/2013/06/04/22-major-donors-share-their-giving-motives-and-values/
- Published: 2013-06-04T09:00:00+01:00
- Author: Howard Lake

The Institute for Philanthropy has published details of the values and beliefs which
motivate 22 major donors to give to charity.

 

The paper, “After The Giving Pledge: Giving Behaviour of 22 Wealthy Donors”, was
written in the year that the Giving Pledge, founded by Warren Buffett and Bill and
Melinda Gates in 2010, was extended to wealthy donors outside the US. Eight signatories
from non-US countries have brought the total number of those who have taken the 
Pledge to 105.

## Advertisement

 

The donors interviewed by the [Institute for Philanthropy](http://instituteforphilanthropy.org)
come from **the UK, the US, Brazil, Canada, Lebanon and Mexico**. Their foundations
have an **average endowment of $79 million** and they **give away each year an average
of $2.1m**.

## Areas of charitable support

The 22 donors surveyed gave to a range of causes, in the following order of frequency:

 * education
 * children and youth
 * community re-generation
 * environment
 * healthcare
 * international development
 * women and girls
 * board governance
 * impact investing
 * reproductive health
 * film as a vehicle for social change
 * local charities
 * technology
 * transparency
 * human rights
 * encouraging philanthropy
 * encouraging non-profit impact
 * allevation of poverty
 * religion
 * historic preservation.

None of them gave to areas such as the arts, an area traditionally associated with
major donors.

## Speed of giving away their wealth

There was a clear sense among a third of the donors that they should **make their
charitable donations while they were still alive**, rather than build up a foundation
that would outlast them. There was a concern that, without a clear time-frame for
giving, foundations could become too bureaucratic.

 

Seven had decided the precise period within which they were planned to give away
all of their philanthropic capital.  Three of them would do so within 10 years, 
one over the next five to eight years, one over the next 20 years, and two within
five to years after their death. 

 

One of the donors told the Institute: “I strongly believe that philanthropy can 
be more effective when driven by the wishes and strategy of a living donor. Long-
lasting philanthropic institutions can become sclerotic and bureaucratic, not always
but often. Family foundations may end up with their hands tied, by a legacy directed
at tackling a social problem that no longer exists. Innovation and risk taking is
often reduced.”

## Future family philanthropy

Some of the donors were keen to **enable their families to continue the philanthropic
tradition**, rather than donating all their wealth before their death.

 

They did not necessarily prescribe what that charitable giving might entail. Eight
donors had made provision for their families to pursue their own philanthropic goals,
separate to their own philanthropy.  Eight had not, and four others had not yet 
decided whether to do so.

## Motivations

The motives that the donors expressed were not surprisingly wide-ranging. Issues
that they raised included the need for partnership, supporting leadership, strategic
giving for greatest effect, [empowerment](https://blog.curriculosolutions.com/student-empowerment-achieving-success-once-you-graduate)(
not just financial but legal and moral), and being inspired by a parent’s attitude
to charitable giving.

 

_Photo: [heart-shaped dollars](http://www.shutterstock.com/pic-37686985/stock-photo-heart-is-laid-out-from-dollars-of-various-face-value-isolated-on-a-black.html)
by ntstudio on shutterstock.com_

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