New CAF Corporate Giving report reveals 75% of UK businesses did not support charities in 2023, and urges the Government for a national strategy for philanthropy and charitable giving
Wednesday, 25 September 2024
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New research by the Charities Aid Foundation reveals charitable donations from FTSE 100 companies have not kept pace with profits over the past decade. CAF's annual Corporate Giving report looks at giving by the FTSE 100, and for the first time, the wider UK business community. The research finds charities could be missing out on more than £5 billion-worth of donations.
"There are clear opportunities here to further build local partnerships and promote giving, particularly to benefit the most deprived parts of the country… The Government has a crucial role to play too. Taking the lead by developing a national strategy for philanthropy and charitable giving would help to renew a culture of giving throughout society, unlock vital charitable funds, and ensure they reach the causes and places that need it most." Read more by downloading the CAF Corporate Giving Report 2024 on the Charities Aid Foundation website: https://www.cafonline.org/insights/research/corporate-giving-report-2024 |