The Giving Australia 2016 Philanthropy and philanthropists report has been released. The report focuses on the giving patterns of high-net-worth individuals and institutional givers. Findings from the report will be of particular interest to philanthropists and grant-makers, financial intermediaries such as advisors and planners, and not-for-profit organisations.
Among the report's key findings is the fact that the number of high-net-worth individuals has nearly doubled since 2015, providing a greater pool of people with the capacity to give significant amounts to charity. The report also found a trend in life-long giving, with younger philanthropists wanting to give what they can while building their wealth.