What's wrong with donors? A great deal- Donors in the dock in provocative pamphlet
from Panahpur Trust
In his provocative pamphlet on why charitable funding must change, James Perry, an executive of Panahpur Trust , puts donors in the dock accusing them of unwittingly ‘breaking charity.’
The tract, The End of Charity – the renewal of welfare is written with the aim of illuminating the big concepts around impact investing that applies business imperatives to organisations working to deliver social outcomes. Perry says: “A consensus is emerging that charity and direct government intervention are misfiring, and the search is on for better solutions.”
In setting out the issues, challenges and opportunities for funders and charities he says: “In the evolving world of investing for positive social outcomes, the conventionally applied grant is the financial equivalent of a flint axe head.”
He explains the way in which donors give to charity “inadvertently causes problems”, through:
• One-off gifts making it difficult for charities to plan
• Restricted gifts contorting management decisions and forcing management to make decisions that are not consistent with their long term strategy
• Feeding the myth that money spent on administration is wasteful
• A passive attitude and lack of engagement with the charity beyond the cursory, leading to the lack of functional accountability dynamics
[Read more] Source: Philanthropy: UK
Tsunami pushes Japan from major aid donor to leading recipient
Daunting engineering and waste-management operation begins along north-east coast after world's most
Japan is set to make the traumatic leap from being one of the world's most generous aid donors to one of its biggest aid recipients as it begins the mammoth task of cleaning up the wreckage left by the 11 March earthquake and tsunami.
A fleet of bulldozers, cranes and drills have started clearing rubble along
the north-east coast in the most daunting engineering and waste-management challenge any government has faced.
The work is moving slowly as bodies are still being recovered.
More than 25,000 people are dead or missing as rescue workers
struggle to identify bodies that in some cases were carried miles from
their homes by the floodwater. Workers also stop regularly to allow
surviving residents to salvage possessions from the rubble.
According to the World Bank, the total cost of the recovery will be $235bn (£143bn), which would make it the world's most expensive disaster. The Japanese Red Cross said it had received $2.2bn in foreign donations but had been unable to distribute the bulk of it. Tadateru Konoe, the Red Cross president, said: "The biggest problem is that those who should be receiving the money cannot be identified, as more than 10,000 people are still missing and resident registrations are gone and the administrative functions at the periphery are not working."
Until a few months ago Japan was the world's fifth biggest aid donor, according to the Organisation for Economic Co-operation and Development (OECD), lending or giving away $9.5bn a year; the disaster has transformed it into a leading destination for international charity. In two months it has received what the Democratic Republic of the Congo is given in a year.
[Read more] Source: Guardian.co.uk
Philanthropy Review presses government on lifetime legacies and payroll giving
Chair Thomas Hughes-Hallett says review group will publish a charter next month.
The Philanthropy Review will press the government to introduce lifetime legacies and reform payroll giving, according to its chair, Thomas Hughes-Hallett, chief executive of Marie Curie Cancer Care.
He told delegates at the Charity Finance Directors' Group conference last week that the review body expects to publish a charter in mid-June, outlining no more than 10 measures that it believes will improve philanthropy in the UK.
He said the review group, set up to design measures to encourage giving, was confident of persuading the government to adopt lifetime legacies. "We've met with Number 10 and the Treasury and been well received," he said.
The model of lifetime legacies is based on the US law of charitable remainder trusts, which allow donors to receive tax breaks for giving capital or property to charity during their lifetime, while continuing to have some right to income from the capital or use of the property.
]Read more] Source: Third Sector.co.uk
What motivates billionaires like Bill Gates?
After interviewing many of the world's richest men, HARDtalk presenter Stephen Sackur ponders the qualities that those billionaires have in common.
Bill Gates may be a billionaire 50 times over, but he is struggling to raise a five-dollar smile. He arrives for our interview with all the enthusiasm of a man about to have his toenails forcibly removed.
But then the cameras roll. Gates powers up, his eyes engage. For half an hour, the founder of Microsoft radiates passionate intelligence.
We are in Geneva for the UN's World Health Assembly, at which Gates is a keynote speaker. He tells me about the progress being made to vaccinate the world's poorest children against many of the most harmful infectious diseases.
The Bill and Melinda Gates Foundation has pledged $10bn (£6.15bn) to scientific research and immunisation programmes to make this the "decade of vaccines".
For those who idly wonder about the difference between being plain rich and being vastly, unimaginably wealthy, here is an answer. Billionaires (and there are more than 1,200 of them, according to the latest Forbes Rich List ) get to think and act on a global scale.
[Read more / Watch interviews] Source: BBC - HARDtalk
Islamic Relief USA Ranked Among 25 Largest Online Fundraising Nonprofits
This week, Islamic Relief USA (IRUSA) was listed among the 25 largest online fundraising organizations in the United States in 2010, according to the Chronicle of Philanthropy, the top news source on U.S. nonprofit organizations. Ranked at number 16, IRUSA was one of only three faith-based philanthropic organizations to make the list in 2010.
According to the Chronicle of Philanthropy, these 25 nonprofits – comprising international, health social service and religious organizations – raised more than $1.1 billion online in 2010. With natural disasters in Haiti, Chile and New Zealand, international aid organizations were able to raise a tremendous amount online last year. Social service organizations received numerous donations as a result of online disaster relief appeals.
In 2010, IRUSA also ranked in the top 150 on the Chronicle's Philanthropy 400 list. IRUSA raised more than $147 million for charity in its 2009 fiscal year, doubling its earnings from the previous year.
"We are honored to be recognized once again for our continued service on behalf of those in need," said Abed Ayoub, CEO of IRUSA. "This is a reflection of the hard work our staff and volunteers put into carrying out the mission of Islamic Relief USA."
Islamic Relief USA is a nonprofit 501(c)(3)humanitarian organization with eight consecutive 4-star ratings from Charity Navigator. Its mission is to alleviate suffering, hunger, illiteracy and disease regardless of color, race, gender or creed, and to provide aid in a compassionate and dignified manner. Islamic Relief USA aims to provide rapid relief in the event of human and natural disasters and to establish sustainable local development projects allowing communities to better help themselves.
[Read more] Source: Islamic Finance
Princess Beatrice’s royal wedding hat sold for £81,100
Can you believe it?! A hat worn by Princess Beatrice to the Royal Wedding, and likened to a Turkey Twizzler, sells on eBay for £81,100.
The hat worn by Princess Beatrice to the Royal Wedding has sold on eBay for £81,100.
The Philip Treacy design, described on auction site eBay as being made of "delicate tea rose silk", has been sold to raise money for two charities nominated by the princess, Unicef and Children in Crisis.
It caught the attention of commentators as Prince William and Kate Middleton tied the knot on 29 April, with its unusual structure compared to a toilet seat, a cat flap and a Turkey Twizzler.
Prince Beatrice said: "I've been amazed by the amount of attention the hat has attracted.
"I hope whoever wins the auction has as much fun with the hat as I have."
The description on the auction site calls the hat a "unique sculptural celebratory headpiece".
Treacy himself said he had been "surprised by the overwhelming response" to his creation.
[Read more] Source: Channel 4 News UK
Global Fund to Fight AIDS, Tuberculosis and Malaria has stopped payment on hundreds
of millions of dollars of grants to China
The Global Fund to Fight AIDS, Tuberculosis and Malaria has stopped payment on hundreds of millions of dollars of grants to China — its fourth-largest recipient behind Ethiopia, India, and Tanzania — in a dispute over China's management of the funds, the New York Times reports.
The Global Fund, which first held back payment of a major AIDS grant to China in November, froze payment on other grants a few weeks ago after new concerns were raised over the country's management of grants from the fund. According to an audit conducted last year, the Chinese government failed to fulfill its pledge to allocate 35 percent of a $283 million AIDS grant to community-based organizations; a report from a nongovernmental group called Global Fund Watch found that China actually allocated less than 11 percent to nongovernmental groups, and that community-based groups appeared to be left out of grant discussions. While Chinese officials responded to the allegations by saying that many private groups could not be trusted to spend the money properly, Chinese activists believe the government and its NGO proxies routinely pocket a significant portion of the funds and are wary of supporting grassroots groups with the ability to organize.
The dispute has fueled a growing debate over whether China should be receiving any aid at all from the Global Fund. Since 2003, China has received $539 million from the fund and is in line to receive an additional $295 million. Critics of China who think the money would be better spent in poorer countries point to the $46 billion the Chinese government spent to stage the 2008 Olympic Games and last year's Shanghai Expo as well as the $586 billion economic stimulus package it recently financed.
[Read more] Source: New York Times