The Million Pound Donors Report 2012 - University of Kent

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20% fIndIngs | 02 | 10 FInDInGS 4. The location of million pound donors Collecting accurate data on the location of million pound donors is complicated by the fact that many wealthy individuals have more than one residence, and some institutional donors have more than one office. However, we have again sought to establish the ‘main’ address for each donor and found that individual and institutional donors based in London now account for well over half (62%) of all donations worth £1 million or more, up from 56% in 2009/10. As figure 2 shows, every other region of the UK is responsible for a handful of million pound donations, apart from Wales, where – as last year – we again failed to identify any seven-figure sums from that part of the UK. Unsurprisingly, given its wealth and commuter-belt residents, the South East accounts for the next largest number of donations after London (14), followed by the north West and Scotland which both generated six such donations, closely followed by the north East and Midlands which each generated five. This year sees a rise in the number of donations made to UK charities from outside the UK, with 12 international donations (seven of which are from the USA) compared to just five in 2009/10. The other donors based abroad come from Canada, Hong Kong, Kuwait and South Africa. 5. The value of million pound donations As in previous years, many of the donations tended to be towards the lower end, with almost half (49%) being worth up to £2m, as shown in figure 3. This is slightly higher than in previous years (for example in 2009/10 44% were for under £2m), perhaps indicating that the increased number of million pound donors includes people who are stretching themselves to seven-figures for the first time, and therefore giving at the lower end of what is possible. However, this still means that the larger part of MPDs (51%) continue to be worth £2 million or more, including 13% that are worth £10m or more, and one nine-figure donation which, in common with all previously identified donations at this level, was put into a charitable foundation rather than given directly to a charitable organisation. Location of donations 2010/11 Value of donations 2010/11 6% 26% 5% 3% 16% 3% 2% 2%1% 62% 0.5% London Unknown 12.5% South East International Scotland 62% North West 38% North East Midlands South West Wales (0%) TYPE figure 2: the location of LOCATION million pound donors LOCATION in 2010/11 VALUE figure 3: the value VALUE of million pound donations in 2010/11 16% 6% 5% 3% 16% 3% 2% 2%1% 38% 12.5% 49% 0.5% 49%
6. Are million pound donations ‘banked’ or ‘spent’? In 2010/11 we found over half (60%) of the value of million pound donations went directly to front-line operating charities, whilst 40% was placed into charitable trusts and foundations for distribution to good causes at a later date. table 3: the distribution of ‘banked’ and ‘spent’ million pound donations from 2006/07 – 2010/11 7. The recipients of million pound donations A total of 191 organisations were recipients of million pound donations in 2010/11 – far higher than the 154 recipients identified in 2009/10. The 191 organisations include both operating charities and charitable trusts and foundations. The vast majority (166) received only one donation worth £1 million or more. Organisations that received multiple million pound donations are primarily table 4: the recipients of million pound donations in 2010/11 the MIllIon PoUnd donors rePort 2012 Over the first three years that this data has been collected, we identified a trend towards putting money to work more quickly rather than building up charitable endowments, as larger and larger percentages were ‘spent’ rather than ‘banked’. In 2009/10 there was a shift in the other direction, with 52% put into foundations, but as table 3 shows, the most recent data indicates that the longer-term trend is towards getting philanthropic money out onto the front-line. Year Table headAmount Table ‘banked’ head in foundations Amount ‘spent’ Table directly head on charitable beneficiaries 2006/07 table text table text £913m (56%) table text £705m (44%) 2007/08 table text table text £597m (42%) table text £808m (58%) 2008/09 table text table text £550m (36%) table text £998m (64%) 2009/10 table text table text £681m (52%) table text £631m (48%) 2010/11 £494m (40%) £747m (60%) well-known universities or national arts and cultural organisations, but a hospital, an environmental organisation and a cancer research charity also received more than one seven-figure plus donation. The only organisations in need of ‘two hands’ to count their million pound donations are the universities of Oxford and Cambridge. Number of organisations receiving this many Number of million pound gifts received million pound donations in 2010/11 1 166 2 20 3 0 4 3 5 0 6 1 7 0 8 1 11
Page 1 and 2: The Million Pound Donors Report 201
Page 3 and 4: FOREWORD Welcome to the fifth editi
Page 5 and 6: Corporations (including direct char
Page 7 and 8: COnTEnTS the MIllIon PoUnd donors r
Page 9 and 10: of great value to the causes they b
Page 11: 3. The source of million pound dona
Page 15 and 16: Subsector table 5: the distribution
Page 17 and 18: | 03 | DISCUSSIOn The findings pres
Page 19 and 20: 2. The continuing importance of and
Page 21 and 22: | 04 | COnCLUSIOn There has been a
Page 23 and 24: DONOR CASE STUDY: FRAN PERRIN Fran
Page 25 and 26: offers a way to raise the profile o
Page 27 and 28: The other main organisation that I
Page 29 and 30: eakfast with the Vice Chancellor! I
Page 31 and 32: DONOR CASE STUDY: BARRIE WELLS Barr
Page 33 and 34: TOP TIPS FOR DOnORS When we speak t
Page 35 and 36: RECIPIENT CASE STUDY: KIDS COMPANY
Page 37 and 38: RECIPIENT CASE STUDY: ThE COURTAULD
Page 39 and 40: make more substantial gifts, to oth
Page 41 and 42: we have a joint executives meeting
Page 43 and 44: APPEnDIx On METHODOLOGy This report
Page 45 and 46: COUTTS PHILAnTHROPy ADVISORy SERVIC
Page 47 and 48: To find out more about the Coutts P

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