Total value of seven-figure donations falls
The number of charitable gifts over £1m has increased but the overall value of those donations has shrunk to its lowest level since 2007, according to a report released today.
Benefactors gave more than £1.2bn to UK charities in chunks of £1m or more in 2010/11, according to the report, from Coutts and the University of Kent, a drop from the pre-recession level of £1.6bn in 2006/07. The number of £1m donations has risen from 193 to 232 over the same period.
There's a wider spread in both million-pound donors, at 130 from 73 the previous year, and recipients, up from 154 to 191.
Higher education, arts and international development are the biggest draws for the big donations. Oxford and Cambridge universities and national arts and cultural institutions all received multimillion-pound donations. The most frequent size for a seven-figure contribution is exactly £1m, but more than half are worth £2m or more.
- 2 Purity balls: Girls in the US making virginity pledges as fathers vow to 'protect purity'
- 3 Picture of couple posing with beached dolphin 'that later died' causes outrage
- 4 16-year-old girl beaten and burned alive by lynch mob in Rio Bravo, Guatemala
- 5 Arsenal fan asks the Queen for tickets to the FA Cup final - gets a reply from Buckingham Palace
Ireland gay marriage vote: 'No' campaign appears to concede amid reports of 'yes' landslide victory
Maryland mother found pushing her dead child on a swing in a playground
Purity balls: Girls in the US making virginity pledges as fathers vow to 'protect purity'
Picture of couple posing with beached dolphin 'that later died' causes outrage
16-year-old girl beaten and burned alive by lynch mob in Rio Bravo, Guatemala
As a white man, I'm surprised more women aren't tweeting the hashtag #KillAllWhiteMen
Scotland may have to leave the EU even if it votes to stay in, David Cameron confirms
Report finds that Britain's wages are the most unequal in Europe
The day that Britain resigned as a global power
Almost a third of school pupils believe 'Muslims are taking over our country', study claims
Gay marriage 'Bert and Ernie' cake bakery found guilty of discrimination in Northern Ireland
£40-50K: Guru Careers: We are seeking an experienced Software / C# Developer w...
£35 - 40k + Benefits: Guru Careers: We are seeking a Software Developer (JavaS...
£18000 - £23000 per annum + Commission: SThree: As a Trainee Recruitment Consu...