The first study to measure philanthropy in Europe officially launched at May’s Spring of Philanthropy event.
Giving in Europe estimates the total amount of philanthropic contributions in Europe at €87.5 billion annually. This is a lower bound estimate drawn from the 20 European countries that contributed to the study.
The study was officially presented at the event, organised by the King Badouin Foundation on 12 May, with former president of the European Council Herman van Rompey receiving the first copy.
Giving in Europe presents a first overall estimation of the total philanthropic giving by households, bequests, foundations, corporations and charity lotteries. It aims to stimulate researchers, policy makers and philanthropy professionals in fostering research on philanthropy and to encourage greater exchange of knowledge and information.
As revealed in the December edition of Fundraising Europe, the study shows that households (including bequests) are the main source of philanthropic contributions (53%, €46 billion), followed by corporations (25%, €21.7 billion), foundations (19%, €16 billion) and lotteries (3%, €3 billion).
ERNOP President Professor Theo Schuyt said:
“Giving in Europe contributes to reframing philanthropy in the mindset of many policymakers and politicians in Europe. Despite promising signs of an emerging philanthropy sector in Europe, it is still a sector that is not very well understood. Besides the anecdotal glimpses from national researchers and the great work that has been carried out on the subdomains of philanthropy, we know little about its actual scope, size and forms in Europe. For a better discussion and assessment of the (potential) role that philanthropy can play in solving societal problems, a clear picture of the size and scope of philanthropy is needed.”