Friday, September 24, 2010

Where are Australia’s Mega - Philanthropists?

Where are Australia’s mega - philanthropists?   Hard on the heels of Lord   the UK Sunday Times’ Giving List  highlights  top-end philanthropy in the UK, with the 100 most generous philanthropists donating £2.86m in 2008, a near ten per cent increase on the previous year.
Sometime Tory Party Treasurer (and donor to Oz Liberal party) , Lord Ashcroft was the top giver in 2008 after pledging to leave £880m to charity when he dies.  Self-made hedge fund billionaire Christopher Cooper-Hohn gave away nearly half a billion pounds in 2008 alone. His Children’s Investment Fund had originally aimed to distribute £5m per year, but last year increased that to £463m.   Scottish philanthropist, Tom Hunter has also reported he wants to give away £1bn, but his businesses have taken a hit from the economic downturn.

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