Most rich people who donate to philanthropic causes say it enriches their lives despite leaving them worse off, according to a new book co-written by Dr Beth Breeze.
Dr Breeze, Director of the University’s Centre for Philanthropy, and co-author Theresa Lloyd, a philanthropy expert and founder director of Philanthropy UK, interviewed 40 established wealthy UK donors and 42 newly emerging givers for their book Richer Lives: why rich people give.
Dr Breeze said: “Although philanthropic acts are motivated by a complex array of factors, one shared driver is that they enrich donors’ lives in many ways.”
Among other key motivations were a belief in a cause as a result of personal experiences and the desire to be a catalyst for change and to make something good happen.
Find out more ….