Sector news wrap up
The last fortnight has been a busy one in philanthropy with major gift announcements across higher education and medical research as well as the release of the influential Scanlon Mapping Social Cohesion Research report for 2024.
Read moreWisdom gained: Perpetual’s lessons from 10 years of impact giving
Perpetual Private has released an insights report looking at the data from a decade of their IMPACT Philanthropy Application Program (IPAP).
Mott Foundation: How can SDGs help philanthropy achieve greater social impact?
Community Foundations Australia CEO Ian Bird and Philanthropy Australia’s CEO Maree Sidey spoke with Nick Deychakiwsky, senior program officer at the Charles Stewart Mott Foundation, and Dr Larry McGill, philanthropic data expert, former VP at Candid in the US and founder of Ambit 360 Consulting, during an event in Sydney this week. The US-based Mott Foundation commissioned Larry to investigate how the Sustainable Development Goals (SDGs) could provide a ready-made shared framework for foundations to achieve greater social impact collectively. Philanthropy Weekly shares an overview of their fascinating conversation.
New gen generosity: How are Gen Z and Millennials changing philanthropy?
New research highlights opportunities for the sector to engage and develop the Gen Z and Millennials cohort, who are ‘rewriting the rules of charitable giving’. Here, Bella Conyngham, Philanthropy Australia’s New Gen Network Lead, gives an overview of the findings from the US organisation Foundation Source – and how they apply to the Australian setting.
Gifts in wills: How can charities ensure that promised bequests are realised?
In this joint Q&A, Morgan Koegel and Rohani Bixler, two of the specialist speakers at Philanthropy Australia and Include a Charity’s Legacy Lunch in October, share some findings from the latest research on unfulfilled bequests. Ahead of their upcoming report, they provide valuable insights on the cost of ‘missing gifts’ and what charities and advisers can do to ensure a donor’s legacy achieves the impact that was intended.
$150bn will be inherited this year: JBWere Bequest Report
Latest research on inheritance trends, the Bequest Report from wealth management company JBWere, makes compulsive reading for the philanthropic sector. While figures show that inheritance to family, friends and charity is expected to reach at total of $5.4 trillion by 2044, only 1% of wealth transfer in Australia currently goes to charitable causes. The report considers the impact of these findings across the sector and opportunities for growth.
Raise: Research highlights pressures experienced by young people today
Two important education reports were launched this week at an event hosted by David Gonski AC. The 2024 Australian Youth Barometer: Understanding Young People in Australia Today and the Independent Evaluation of the Raise Mentoring Program highlight the multiple demands on young people’s mental health. The Raise report outlined some of the philanthropically supported programs having positive outcomes the space.