Although nearly £10bn was donated to UK charities final year,the wealthy in the US give far more of their cash to satisfactory causesBritons donated nearly £10bn to charity final year, but philanthropy in the UK has a long way to go before it matches the culture of charitable largesse in the US.
The numbers illustrate the disagreement: an estimated $390bn (£293bn) was donated in the world’s largest economy in 2016. The sheer scale of the US, and with a population five times the size of the UK and with six times as many millionaires,explains some of the disparity. But there are also political and social factors that explain the size of the transatlantic giving gap. Continue reading...
Source: guardian.co.uk