Chair of Charity Commission says voluntary sector faces ‘existential crisis’ as incomes of top 1% rise but philanthropy falls
The head of England’s charity watchdog has berated the super-rich for failing to give enough money to good causes, saying the voluntary sector faces an “existential crisis” amid the social and economic turmoil facing the UK.
The chair of the Charity Commission, Orlando Fraser, said the UK’s top 1% of earners were giving less to charity than they were a decade ago, despite enjoying significant increases in their personal wealth over the same period.
Chair of Charity Commission says voluntary sector faces ‘existential crisis’ as incomes of top 1% rise but philanthropy fallsThe head of England’s charity watchdog has berated the super-rich for failing to give enough money to good causes, saying the voluntary sector faces an “existential crisis” amid the social and economic turmoil facing the UK.The chair of the Charity Commission, Orlando Fraser, said the UK’s top 1% of earners were giving less to charity than they were a decade ago, despite enjoying significant increases in their personal wealth over the same period. Continue reading…
