Stat of the month: Charity doesn't begin at home

It's official: the US is better at philanthropy than us Brits.

by
Last Updated: 08 Jul 2011

4 to 1 - US:UK donations to good works.

Last year, the US gave $304bn (ú186bn) to charity; in the UK, we gave ú9.9bn. According to our back-of-an-envelope calculations, that means the average American gives almost four times as much as a Brit.

High-profile American do-gooders have been hogging the limelight of late. What with Bill Gates, Warren Buffett and other billionaires pledging to give away half their wealth - an estimated $600bn - to charity, philanthropy has never been so a la mode.

Differences in culture between the UK and the US play a part - there is more of a sense of individual endeavour in America, whereas we've created a state-funded system to take the slack. With cuts on the way, will this approach to philanthropy be crossing the Atlantic? Perhaps we'll see Sugar and Branson giving away half their fortune ...

Source: CAF/Giving USA Foundation/The Centre on Philanthropy

Find this article useful?

Get more great articles like this in your inbox every lunchtime

The art of leadership: From Marcus Aurelius to Martin Luther King

Transformational, visionary, servant… enough is enough.

Lockdown stress: 12 leaders share practical coping tips

In hard times, it's far too easy for the boss to forget to look after...

Don’t just complain about uncertainty, find the tools to navigate it

Traditional in-person research methods won’t work right now, but that’s no excuse for a wait-and-see...

How well have CEOs performed during the coronavirus pandemic?

A new survey offers a glimpse into what their staff think.

Why women leaders are excelling during the coronavirus pandemic

There is a link between female leaders and successful responses to COVID-19.

Why your employees don’t speak up

Research: Half of workers don’t feel comfortable to express concerns - and it’s usually because...