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The Million Pound Donors Report 2012 - University of Kent

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FOREWORD<br />

Welcome to the fifth edition <strong>of</strong> the Coutts <strong>Million</strong> <strong>Pound</strong><br />

<strong>Donors</strong> <strong>Report</strong> – a study that aims to capture the essence<br />

<strong>of</strong> philanthropy by the highest donors in the UK in 2010/11.<br />

This report records 232 million pound donations made by<br />

130 separate donors in 2010/11. It is extremely encouraging<br />

for the development <strong>of</strong> UK philanthropy to note that this<br />

is the highest number <strong>of</strong> donors and donations since we<br />

began compiling this report in 2008. <strong>The</strong> more donors<br />

there are and the more they communicate about the<br />

benefits their philanthropy brings to society and what<br />

it means to them personally, the more it will grow and<br />

strengthen a culture <strong>of</strong> philanthropy.<br />

However, this has not been matched by a rise in the<br />

combined value <strong>of</strong> these donations, which at £1.2 billion is<br />

lower than in previous years. This is in line with what we<br />

may expect with the world economy emerging slowly from<br />

a recession and philanthropists therefore being cautious<br />

about committing large sums ‘up front’. <strong>The</strong> ‘Discussion’<br />

section (page 15) <strong>of</strong> this report therefore explores the<br />

changing context <strong>of</strong> the nature <strong>of</strong> the ‘social contract’ in<br />

the UK and the evolving role and need for philanthropy<br />

within this developing context.<br />

foreword | Maya PrabhU<br />

<strong>The</strong> richness and diversity <strong>of</strong> British philanthropy is<br />

exemplified through the case studies <strong>of</strong> donors and<br />

recipients in this report. We are grateful to Liz and Terry<br />

Bramall, George Koukis, Fran Perrin and Barrie Wells<br />

for sharing their philanthropy ‘journeys’ as donors. We<br />

sincerely thank Camila Batmanghelidjh (Kids Company),<br />

Emma Davidson (<strong>The</strong> Courtauld) and Lynda Thomas<br />

(Macmillan Cancer Support) for their insights into how<br />

their charities have built strong and enduring relationships<br />

with their donors.<br />

This report is truly a result <strong>of</strong> team effort. Many<br />

congratulations and thanks to Dr Beth Breeze at the<br />

<strong>University</strong> <strong>of</strong> <strong>Kent</strong> and my colleague Lenka Setkova for<br />

their work on this report and to my colleagues, Rachel<br />

Harrington and Stuart May – for their ideas and support.<br />

We hope you enjoy this report.<br />

Maya Prabhu | Executive Director,<br />

Coutts Institute<br />

01

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