Guide to Giving
MEDIA, JOBS & RESOURCES FOR THE COMMON GOOD
NEWS  |  Finance, Philanthropy

Workplace Giving “Continues to Disappoint”


Wednesday, 26th August 2015 at 11:15 am
Lina Caneva, Editor
Workplace giving is struggling to fulfil its potential, according to a report released by independent private wealth advisory firm Koda Capital.

Wednesday, 26th August 2015
at 11:15 am
Lina Caneva, Editor


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Workplace Giving “Continues to Disappoint”
Wednesday, 26th August 2015 at 11:15 am

Workplace giving is struggling to fulfil its potential, according to a report released by independent private wealth advisory firm Koda Capital.

The 2015 Koda Capital Australian Giving Review found participation rates for employers and employees both remain low, “despite this style of regular giving made more attractive by offering matched funding up to a capped level”.

“Workplace giving is widely viewed as an effective way to grow Australian giving, yet despite a concerted effort by employers, providers and philanthropists, it has failed to live up to its promise,” the Review said.

In 2012-13, $28 million was raised through workplace giving, up 3.7 per cent from the previous year’s $27 million.

The number of employees using workplace giving jumped 8.5 per cent and the number of employees offered workplace giving rose 4.1 per cent.

“With only 4.9 per cent of the employees offered workplace giving actually taking it up, the numbers remain disappointingly low, especially when you consider that many employers offer employees gift-matching as a further incentive to participate,” the report said.

New technology platforms that promise to better connect donors and supported charities was flagged as an area that could create improvement.

“One of the challenges of workplace giving is the connection between the recipient charity and giver,” the Review said.

“Historically, for this reason, it has been difficult for charities to engage donors and demonstrate impact.

“For workplace giving to grow, we believe programs must be developed that facilitate much better connectivity and communication between donors and charities.”

The Review found that, overall, growth in deductible giving in Australia is sluggish and the number of givers is not growing.  

The Koda Review combines recently released ATO data on Australian giving, with information gathered by Koda from a range of sources in Australia and overseas.

The review has been released ahead of a visit by The Atlantic Philanthropies President and CEO Christopher G. Oechsli, who will host a series of conversations about philanthropy in partnership with Koda.


Lina Caneva  |  Editor |  @ProBonoNews

Lina Caneva has been a journalist for more than 35 years, and Editor of Pro Bono Australia News since it was founded in 2000.

Guide to Giving

FEATURED SUPPLIERS


Brennan IT helps not-for-profit (NFP) organisations drive gr...

Brennan IT

Helping the helpers fund their mission…...

FrontStream Pty Ltd (FrontStream AsiaPacific)

...


NGO Recruitment is Australia’s not-for-profit sector recru...

NGO Recruitment

More Suppliers

Get more stories like this

FREE SOCIAL
SECTOR NEWS

YOU MAY ALSO LIKE

Future Uncertain for Disability Organisations Following Funding Cuts

Wendy Williams

Tuesday, 19th September 2017 at 8:29 am

Australia Launches its First Live Impact Investing Database

Luke Michael

Monday, 18th September 2017 at 5:12 pm

$1.2M for NFPs and Social Enterprises Supporting Regional Communities

Wendy Williams

Monday, 18th September 2017 at 4:35 pm

Australia Council Grants Allows Diverse Range of Artists to Prosper

Luke Michael

Thursday, 14th September 2017 at 4:14 pm

POPULAR

New Study Warns NFPs Need Strong Culture and Profits to Survive

Luke Michael

Tuesday, 5th September 2017 at 12:02 pm

Moves to Stop Volunteering at Overseas Orphanages

Luke Michael

Wednesday, 13th September 2017 at 1:54 pm

Peak Body Demands Action to Stop NDIS Leaving Aboriginal People Behind

Wendy Williams

Tuesday, 5th September 2017 at 8:37 am

Future Uncertain for Disability Organisations Following Funding Cuts

Wendy Williams

Tuesday, 19th September 2017 at 8:29 am

Write a Reply or Comment

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


Guide to Giving
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!