In 2020, PBE created the Law Family Commission on Civil Society. Steered by leaders from business, academia, public life and civil society, the Commission was an ambitious programme of groundbreaking research into how the potential of civil society can be unleashed, including how increased and more effective philanthropy can be unlocked.
More than 800 individuals and organisations provided input into the Commission’s work, which informs this submission. In addition, PBE undertook over a dozen interviews with experts in philanthropy, philanthropy advice and within financial services to inform this submission. The quotes throughout this submission are from these interviewees.
This submission sets out PBE’s view that:
On leadership and culture:
On incentives:
On education and training:
· There is no need for specific qualifications to be developed on philanthropy – merely an alteration or extension of the curricula to incorporate relatively basic information on philanthropy, its benefits for both firms and clients, the various means by which philanthropy services can be provided, and how to open up a conversation with a client about charitable giving, as part of a discussion about values-based investing, sustainable finance options, or the objectives they have with their wealth.