Nearly three hundred UK donations of \u00a31m or more, with a value of \u00a31.36bn, were made to charitable causes or banked in foundations in 2013.<\/p>\n
The research is published in the annual Coutts Million Pound Donor Report<\/a>, released on 3 November. This report tracks the number, size, scale, and destination of \u00a31m+ donations made by individuals, foundations and corporations in the UK.<\/p>\n The number of gifts represents a 50% increase on 2012, though the total value is only a 1% increase on the \u00a31.35bn identified in the previous year. The number of donations of \u00a31m+ is the highest ever recorded since the report was first produced in 2008.<\/p>\n Higher education institutions continue to be the most popular beneficiaries, with 65 or 41% of all \u00a31m+ donations, totalling \u00a3552m, to fund initiatives such as research projects and scholarships. Higher education institutions in fact received seven out of the ten largest donations in 2013, all worth at least \u00a330m.<\/p>\n Dr Beth Breeze, director of the Centre for Philanthropy, part of the School of Social Policy, Sociology and Social Research <\/a> and co-author of the UK report, said the findings marked a new stage in UK philanthropy, when \u2018giving a million\u2019 becomes the new normal for those that have the capacity to give at the highest level.<\/p>\n","protected":false},"excerpt":{"rendered":"