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| Welcome to the website www.philanthropie.lu This website, initiated by Banque de Luxembourg, has been designed to provide information on the symposium and charitable giving in Luxembourg. |
April 2008 saw Luxembourg's ambitions in philanthropy become wider public knowledge. The past 18 months have gone well.
«Pendant la crise, de nouvelles fondations ont été créées, signe que le secteur philanthropique est robuste. » Gerry Salole, directeur de l'European Foundation Centre
Krise stellt Frage nach Kern Internationales Symposium der Banque de Luxembourg stark besucht
Chancen der Philanthropie nutzen, Rückblick auf 18 Monate – und auf das, was noch zu tun bleibt
Die Philanthropen haben eine Dachstiftung und neue Gesetze erreicht – aber das reicht nicht
Der bekannte Luxemburger Politiker ist auch philanthropisch aktiv
Several large charities have withdrawn from key government welfare-to-work programmes because they are not proving financially viable.
The RNID has pulled out of eight New Deal for Disabled People programmes and three Pathways to Work programmes, worth £500,000, following a review of sustainability. Fourteen staff have been laid off.
Britain's trusts and foundations are maintaining current levels of grant-giving even if it means spending their endowments, according to a report published by the Charity Commission today.
Charity Market Monitor report, by Cathy Pharoah, says there are signs grant income will fall sharply.
How the struggling economy is hurting donations.
The financial crisis affects even a foundation as richly endowed as the Gates’
organization because its endowment is invested in capital markets. As of Oct. 2, 2008, it was $35.1 billion, and Bill Gates has said it was off 20 percent for all of 2008.
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A pulse survey conducted by Coutts & Co at the Coutts Forum for Philanthropy reveals that 87% of philanthropists surveyed are expecting to either increase (42%) or maintain the same level (45%) of their charitable donations over the upcoming year, despite the economic downturn. The survey, conducted among over 100 clients who attended the Forum, suggests that charities are not going to lose out from the downturn.
In October 2008, the EFC launched a survey among its members to better understand the impact of the unstable economy on their activities and future prospects. Just over half the respondents reported that the financial crisis was not affecting their organisation.