Charity donations of more than $1m by high net worth individuals
in the UK have risen for the first time in three years.
The third annual Coutts Million Pound Donor Report recorded a
total of 201 individual donations above $1m between 2009 and 2010,
compared to 193 in 2006/2007 and 189 in 2007/2008.
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Coutts said the value of donations more than £1m highlighted the
recovery from the recession. In 2009/2010, the total value was
£1.55bn, up about £143m from £1.4bn in 2007/2008.
Not back to pre-recession levels
While the value of donations has not returned to pre-recession
levels, the number of other donations has stayed consistent, the
bank said.
Coutts Million Pound Donors Report is an annual report that
analyses data on the largest charitable donations made in the UK
each year.
