£3bn given by UK grant-making trusts a year but communication an issue, says nfpSynergy report

A report on grant-making trusts from nfpSynergy has highlighted a lack of communication between funders and beneficiaries. The nfpSynergy report is based on a number of studies into the grant-making process, and gives an overview of grant-making trusts, with a focus on relationships between grant givers and grantees. The report states that 68% of funders do not talk to beneficiaries before funding, and 65% do not talk afterwards. 44% of beneficiaries are also unlikely to tell their funder if they have a problem with them. The report also shares a number of other figures on grant-making trusts from organisations including DSC, and City A.M. Figures shared in the report include: There are around 8,000 UK grant-making trusts UK grant-giving trusts give a total of £3 billion annually Grant-making trusts contribute 8% of the voluntary sector’s income The largest worldwide are The Bill & Melinda Gates Foundation, followed by The Wellcome Trust, and Novamedia/Postcode Lotteries It also shows that geographical distribution of UK grants is linked to charity density; not deprivation levels. Greater London for example, received 30% of England’s regional funding, whereas the North East received 7.1% despite similar overall deprivation levels. In the report, nfpSynergy also announced that it will be conducting its own research into grant-making trusts this Autumn.

from UK Fundraising http://ift.tt/2wyJN9O