Last year the Indiana University Center on Philanthropy conducted a study of high net-worth philanthropy on behalf of the Bank of America. Its most striking finding was that nearly all high net-worth households give 96.9% of those with net worth from $1-$5 million and 99.5% or higher for those with more money.

Among the implications of the study for the practice of fundraising were these:

• Focus on stewardship when fundraising. Donors want to know the impact of their gifts.
• Give donors multiple ways to see (hear, feel, touch) the impact of their giving.
• Even if you aren’t requesting funding for it directly, make the case for administrative functions. Donors want to see honest operating expense reports.
• Explain the relationship between financial security and donating to allay fears that generous gifts will jeopardize donors’ financial security.
• Propose making provisions in a will or an estate plan as a means of planned giving.

Neal Newman successfully completed the first €1.5M phase of a €5M campaign for Imaginosity, the new Dublin children's museum, including funding from Vodafone, IBM, Lenovo, Sherry Fitzgerald and Laing O'Rourke.

The museum is now open in a short testing, or 'preview' period, and has already received over 2000 visitors in just nine days.

The Irish Deaf Society has completed the planning phases in their multi-million € campaign to establish Europe's first national resource centres for the Deaf community.

Philanthropia consultant Gerry McKeever has recently prepared an €8M proposal for funding to the Catholic Institute for the Deaf to launch the campaign.

Did you know...

• Net worth in Ireland has grown 350% in just 10 years.
• Ireland is the second wealthiest nation in the world, per capita, with an estimated 30,000 millionaires.
• Rapid wealth growth has also created one of the most inequitable countries on earth; it is estimated that the richest 20% earn 12x as much as the poorest 20% in Ireland.
• Charitable giving in Ireland is significantly lower than the UK and the USA.
• Only 12% of all non-profit income originates from private philanthropy in Ireland, compared to over 35% in the USA and the UK.
• The non-profit sector accounts for nearly 4% of overall GNP for Ireland, now surpassing agriculture and utilities combined.

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Philanthôpia - From the Greek word "philos" (friend) and "anthropos" (man), philanthropy is the philosophy or doctrine that prioritises humanitarianism. Philanthropists selflessly seek to improve the lot of their fellow men and women by donating money, by founding or supporting charities, and other such activities.

Are you in charge of developing a non-profit organisation? Would you like to benefit from the best international philanthropic practices? Philanthrôpia can help you!

Welcome to Philanthrôpia Group's new Web site. Our goal is to increase awareness of our firm, its teams, as well as the solutions they propose to implement your fundraising strategies.

In the upcoming months, our Web site will also feature philanthropy topics and mechanisms for the higher education, research, culture, and humanitarian sectors. There's a lot happening at Philanthrôpia. Come back and visit us often!