Family foundations thrive in Britain and Europe

Giving worth £908m a year in UK, research finds

Family Foundation Philanthropy report
Family Foundation Philanthropy report

Family foundations are thriving in Britain and Europe, according to research that is due to be published next month.

The study, by the Centre for Charitable Giving and Philanthropy, compares trends in family foundation giving in countries including the UK, Germany and Italy.

The Family Foundation Philanthropy report, published last year by Cass Business School, measured family foundation philanthropy for the first time and found it was worth £908m a year in the UK, about a third of its value in the US.

The new research, to be published at the end of June, will show that family foundations are a significant part of non-statutory funding, both in Britain and other European countries. It does not, however, take into account the effect of the global recession.

"The research shows that family foundation philanthropy accounts for a substantial part of private giving, and not just in the UK," said Cathy Pharoah, co-director of the centre.

"It also indicates the international character of family foundations, and that there might be fundraising opportunities for UK charities in other countries."

The research managed to establish figures for family foundation giving in Europe despite the fact that European foundations do not publish their financial data.

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