![]() ![]() It's certainly true that much giving continues the BBC's Children in Need did well on the day (though badly in follow-up fundraising). "Giving from rich individuals, which had been flagged up as the next big thing, has gone down the pan," said the director of fundraising at British Red Cross.Ī Response column in yesterday's Guardian from the ESRC Centre for Charitable Giving and Philanthropy said that these reports were alarmist and risked becoming self-fulfilling. ![]() Shelter lost £400,000 at the end of 2008 when corporate sponsors cancelled donations. The British Red Cross cancelled its 2008 winter gala ball - an event that usually raises £500,000 - for lack of a corporate sponsor. Half of them say they are unable to meet increasing demands for their services. One in three charities was laying off staff by the end of last year. A PriceWaterhouseCoopers survey expects charity incomes to fall by £2.3bn in 2009 - a sizable chunk out of last year's total of £10.6bn. He has given over £35m for business enterprise lesson in schools and to projects in Africa.Ĭharity can expect a hard knock in the recession, with 52% in a recent poll expecting to cut back giving. Last year Hunter was 68th in the Sunday Times rich list: this year he is expected to have dropped a few places, but not to drop out altogether. This week Sir Tom Hunter said he would not be giving away £1bn, following losses in his investment empire. ![]()
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