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February 5, 2010
UK – Centre for Policy Studies Suggests Two Key Changes Aimed to Increase Charitable Giving
The Centre for Policy
Studies published a paper by Paul
Palmer advocating two key changes that Palmer argues could increase annual giving
in the UK by up to £74bn or
more. The paper, A Step Change in UK Philanthropy, argues for the creation of remainder
trusts and personal charitable trusts. The
remainder trusts would be similar to charitable trusts but could be controlled
and accessed directly by donors. The personal charitable trusts are a new type
of charitable trust based on US and Canadian models that permit donor anonymity.
The goal of both suggestions is to increase charitable giving among the middle
class.
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February 5, 2010 in International | Permalink
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