Community Sector Banking
MEDIA, JOBS & RESOURCES for the COMMON GOOD
News  |  Fundraising

Wealthy Aren’t Warming to Environment


Tuesday, 5th August 2014 at 11:42 am
Lina Caneva
Wealthy Australians with private philanthropic foundations are giving more to charitable causes in health, education and welfare, but less to the environment, QUT research has found.

Tuesday, 5th August 2014
at 11:42 am
Lina Caneva


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Wealthy Aren’t Warming to Environment
Tuesday, 5th August 2014 at 11:42 am

Wealthy Australians with private philanthropic foundations are giving more to charitable causes in health, education and welfare, but less to the environment, QUT research has found.

Donations to causes in health more than doubled to $33 million in 2011/12 from $14.1 million in 2010/11, an analysis of Australian Taxation Office statistics on private foundation giving found.

Educational Not for Profits received $24.7 million in 2011/12 (up from $9.9 million) and welfare-related charities secured $68.8 million (up from $42 million), but environmental non-profits received $8.1 million (down from $13.3 million).

Professor Myles McGregor-Lowndes, director of QUT's Australian Centre for Philanthropy and Nonprofit Studies, said the research analysed the amount given to charitable organisations from private foundations, or Private Ancillary Funds (PAFs).

Professor Myles McGregor-Lowndes

Director of QUT's Australian Centre for Philanthropy and Nonprofit Studies, Professor Myles McGregor-Lowndes.

"Overall, wealthy Australians consistently donate the most to Not for Profits in welfare, which would include well-known charities like The Salvation Army, World Vision and the Red Cross," Prof McGregor-Lowndes said.

"The 2011/12 statistics reveal spikes in the amount given by PAFs to causes in education, health and research. However the amount given to environmental causes and sports and recreation fell.

"Individual large grants to particular organisations can cause a spike in any year, but over the years, the welfare category has attracted twice the amount of support of the next highest category, which is cultural organisations.

"This indicates where the wealthy perceive the need is greatest, or where they can get the biggest bang for their philanthropic buck."

Professor McGregor-Lowndes said the total amount donated to PAFs for the year ending June 30, 2012, had increased 16 per cent on the previous financial year, to $354 million.

Of this, PAFs distributed $251.6 million in 2011/12 and had a total closing value of $2.9 billion.

Since 2001, PAFs have distributed more than $1.2 billion.

The research findings are available here


Lina Caneva  |  Editor  |  @ProBonoNews

Lina Caneva has been a journalist for more than 35 years. She was the editor of Pro Bono Australia News from when it was founded in 2000 until 2018.


Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers?

Get in touch at news@probonoaustralia.com.au

Get more stories like this

FREE SOCIAL
SECTOR NEWS

Write a Reply or Comment

Your email address will not be published. Required fields are marked *



YOU MAY ALSO LIKE

American donors turn to education funding

Luke Michael

Monday, 4th November 2019 at 3:13 pm

Disability royal commission begins amid fears around support services

Luke Michael

Monday, 4th November 2019 at 12:58 pm

It’s a digital world, but charities aren’t living in it

Maggie Coggan

Wednesday, 30th October 2019 at 5:34 pm

Children with disability face bullying and exclusion in Aussie schools

Luke Michael

Wednesday, 30th October 2019 at 4:15 pm

POPULAR

A sad and sorry history of Newstart

Luke Michael

Tuesday, 19th November 2019 at 8:00 am

Report finds NFP boards lack leadership in fundraising

Luke Michael

Wednesday, 13th November 2019 at 2:30 pm

Morrison government unveils plan for ‘last 20 per cent’ of NDIS rollout

Luke Michael

Monday, 18th November 2019 at 2:06 pm

Rethinking theory of change

Kevin Robbie

Tuesday, 19th November 2019 at 8:38 am

Community Sector Banking
pba inverse logo
Subscribe Twitter Facebook

Get the social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!