Tera Allas CBE joins Pro Bono Economics (PBE) as its new Chair of Trustees. Lord Gus O’Donnell who has held the position since 2016 will become Honorary President and continue being an ambassador for PBE’s work. PBE uses economic analysis and the unique insights from the social sector to address the causes and consequences of low wellbeing in the UK. Tera’s appointment is a significant milestone as PBE adopts its new three-year strategy, expanding the way it tackles the causes of low wellbeing and creating new ways for economists to…
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Wealthy Britons could give £2.8 billion more to charity each year
New research reveals that wealthy people in Great Britain say they could give an estimated £2.8 billion more to charity each year, raising the prospect of more than halving the giving gap the country faces relative to world leaders New Zealand and Canada. If that money were donated, health charities and children’s organisations are likely to benefit the most from an influx in giving. The analysis by Pro Bono Economics (PBE) identifies 5.8 million ‘wealthy’ people in Great Britain – those with assets of £100,000 or more when their main…
Read More1 in 5 charities cut back services, despite spiralling demand
Many charities across the UK are struggling to meet demand for their services, according to new research from Pro Bono Economics (NTU) and Nottingham Trent University’s VCSE Data and Insights National Observatory. The report, ‘Treatment for the charity sector’s unhealthy status quo’, warns that the deep-rooted challenges of financial instability, skills gaps and rising demand are affecting charities’ ability to support people most in need. Drawing on data from the largest quarterly survey of charities in the UK, the VCSE Sector Barometer, it finds that as many as 1 in…
Read MorePro Bono Economics research estimates that there are around 230,000 people under 35 in the UK with net financial assets exceeding £100,000
New research reveals that, while a significant percentage of young people in the UK are keen to contribute to good causes, many are not receiving advice on how best to invest their money. The research, by Pro Bono Economics (PBE), found that while there are around 230,000 people under 35 with net assets exceeding £100,000, roughly 110,000 of those may not be in contact with a financial or wealth adviser. As well as unlocking large charitable donations, providing philanthropy support for young wealthy clients would be a significant growth opportunity…
Read MoreVolunteer recruitment still ‘tough’ as survey shows no signs of improvement
The report Present Struggles, Past Origins: Current Challenges in Volunteering Amidst Two Decades of Decline by Nottingham Trent University’s VCSE Data and Insights National Observatory and Pro Bono Economics (PBE) is part of barometer which takes the quarterly temperature of the voluntary sector. More than 560 organisations responded to the latest wave. When the survey last focused on volunteering in Spring 2023, charities reported concerns over decreasing numbers. While the latest barometer does not show significant decline, six in 10 organisations continue to face difficulties in volunteer recruitment and around…
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