We define philanthropy as the giving of resources in an engaged and strategic way for maximum impact and in a tax efficient manner. It can include the giving of money, assets, time, talent, voice and one’s social capital. We believe in the power of philanthropy as a great social connector and the source of many great opportunities.

City Philanthropy

A Wealth of Opportunity

News

Brokerage company raises $12m on charity day

Olympic stars, actors and royalty joined traders at brokerage company BGC’s London office for its annual charity day on September 11th, helping raise $12m (£7.5m) through its trading activities across all offices.

BGC and its affiliate Cantor Fitzgerald, who conduct over $200 trillion (£124 trillion) in financial transactions for customers annually, donated 100% of global revenues on the day to more than 100 charities around the world. In the UK these include Bernardo’s, Haven House children’s hospice and Asthma UK.

Become an entrepreneur with help from leadership programme

On Purpose is a non-profit social enterprise that is helping to develop the next generation of social enterprise leaders through a one-year, full-time leadership programme for talented professionals who would like to move into the social enterprise space. The programme combines paid work placements, training and intensive 1:1 support.

City Philanthropy celebrated with launch of new Beacon Award

City Bridge Trust, the City of London Corporation’s charity, is sponsoring the Beacon Award for City Philanthropy. An integral part of the City of London’s Wealth of Opportunity initiative to transform London into a leading global centre for philanthropic giving, this new category launches today as nominations open for the Beacon Awards 2013.

Inaugural event for City Funding Network raises £27,000 in an hour

The City Funding Network raised more than £27,000 in less than an hour for three charities at its launch event on July 23rdat Warner Bros screening theatre in the West End.

The Network aims to provide exciting opportunities for young City professionals to socialise and network around philanthropic opportunities.

New diaspora City Philanthropy Club promotes diversity

A City-based Philanthropy Club is incubating a new generation of diaspora philanthropists by providing them with social and networking opportunities where they connect with impactful causes from their home countries.

The Philanthropy Club aims to simultaneously serve as a ‘new gen philanthropist incubator and a new gen charity accelerator’ as well as build diversity in philanthropy, explains its co-founder Afzaal Mauthoor.

Philanthropy and career a ‘double helix’

How philanthropy can enhance a career was the topic under discussion at the Experiencing Engaging Philanthropy Network event hosted by The Bulldog Trust at its beautiful Victorian Mansion home at Temple Place London on Monday June 26th.

Philanthropist Marcelle Speller, founder of Localgiving.com in conversation with Michael Harris, co-founder of Young Philanthropy , examined the ‘selfless gain’ of philanthropy and how it can work alongside a career.

Call for City firms to help Cabinet Office research into ‘windfall’ giving

‘Windfall Giving’ or ‘giving when you win’ is a newly-identified theory of philanthropy being tested by the Cabinet Office’s Behavioural Insights Team (BIT) that could ‘move the needle’ on giving.

Based on just-published pilot research1carried out at Bristol University, evidence shows that giving, like comedy, can be all about timing – people are three times as likely to give  if they are asked before they receive a windfall than when asked after.

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