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Philanthropy in the City of
London and beyond
Rhodri Davies
Programme Leader, Giving Thought
Charities Aid Foundation
2
Black Friday Cyber Monday
+
=
Where do donations go?
US
Religion
32%
Education
13%
Human Sevices
12%
Foundations
9%
Health
8%
International affairs
8%
Public-Society benefit
7%
Arts, Culture and
Humanities
4%
Gifts to individuals/
unallocated
4%
Environment and animals
3%
UK
Religious causes
17%
Medical Research
15%
Hospitals
15%
Children
11%
Overseas
10%
Animal
5%
Disabled
4%
Schools
4%
Health
3%
Homeless
2%
Elderly
2%
Environment
2%
Sports
1%
Arts
1%
Other
8%
tzedaka(h), n.
tsɛˈdɔka
Charity, the obligation to help one's fellow Jews.
zakat, n.
zaˈkɑt
An obligatory tax payable annually under
Islamic law on certain kinds of property in order
to raise money for charitable and religious
objects.
Religious obligation to give to charity
“There have been in this kingdome,
since the blessed reformation of
religion, more publick charitable
works perform’d, more hospitals and
colleges erected, and endowed in threescore, than
in some hundreds of years of superstition before”
John Donne, Sermons
The Sunday Times Rich List
1989 2014
7
8
Thomas
Gresham
Dick
Whittington
Thomas Sutton
Angela
Burdett-Coutts
George
Peabody
John Passmore
Edwards
Olivia Russell
Sage
John D.
Rockefeller
Andrew
Carnegie
Jeff Skoll
Pierre Omidyar
Bill Gates
Mark Zuckerberg
9
10
“My wealth has come from a combination of living in
America, some lucky genes, and compound interest. Both
my children and I won what I call the ovarian lottery... I've
worked in an economy that rewards someone who saves
the lives of others on a battlefield with a medal, rewards a
great teacher with thank-you notes from parents, but
rewards those who can detect the mispricing of securities
with sums reaching into the billions. In short, fate's
distribution of long straws is wildly capricious.”
Warren Buffett
11
William
McEwan
Edward
Guinness
Thomas
Fowell
Buxton
But
not....
Baron Maurice de
Hirsch
(1831-1896)
La Fleche
Charles Booth’s poverty map of London (1899)
Poverty in Victorian London
Poverty in Victorian London
Dudley St, Seven Dials
Poverty in Victorian London
“Simply seeing someone in need at the
grocery store—or looking down the street at a
neighbor’s modest house—can serve as
basic psychological reminders of the needs of
other people...Absent that, wealth will have
these egregious effects insulating you more
and more.”
Paul Piff, University of California at Berkeley
18
Vs.
THE NEXT ROUND:
This time, it’s charity tax!
Michael Bloomberg
“A hedge fund manager pulled me behind a
cactus at a conference and says he’s going to
raise $1 billion from the hedge fund community
over the next five years to fix public education.
When I explained to him that New York City’s
annual school budget was $22 billion a year,
that was the last time we ever heard from
him...”
Michael Bloomberg
Bill de Blasio
Things coming full circle?
Charity Organisation Society “Cautionary Card””
Sample of
individuals named
on Cautionary Card
Rhodri Davies
Programme Leader, Giving Thought
Charities Aid Foundation
rdavies@cafonline.org

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