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December 3, 2009
Cass Business School Study Recommends 5% Payout for UK Foundations
The Centre for Charitable Giving and Philanthropy at City University London's Cass Business School recently issued a new report on grant-making foundations in the United Kingdom. While applauding their role in supporting philanthropy, the report's authors make several recommendations for increasing that support, including considering a 5 percent payout requirement based on the existing United States and Canadian payout requirements for such entities. For summary of the report, see the School's press release.
LHM
December 3, 2009 in International, Studies and Reports | Permalink
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