Philanthropists not only dream of a better world, they take action to make those dreams a reality. Their solutions challenge the status quo and they act as a force for innovation and change in a complex world.
At UBS, we work with preeminent philanthropists daily – more than half of the world’s billionaires bank with us, and we’ve spent over a decade working with our clients to help them create sustainable impact through their philanthropy.
But we wanted to know more. That’s why three years ago, we set out to fund the most comprehensive analysis of global philanthropic trends and practices to date. The result, the Global Philanthropy Report, authored by researchers at the Hauser Institute for Civil Society at Harvard University, paints a picture of global philanthropy that is growing fast – but remains very fragmented.
The report’s findings all point to a reality we've known for some time: that for philanthropists to scale their impact – and help meet the USD 5-7trillion of annual investment needed to satisfy the UN’s Sustainable Development Goals – they need to work together. They need to collaborate.
That’s why, in 2014, UBS created the Global Philanthropists Community, the world’s largest private network where philanthropists can meet and exchange best practices.
The Global Philanthropy Report shows us that we are on the right track, but there is still much work to be done. We hope you find the report as eye-opening as we do, and will join us in our efforts to draw the global philanthropic community together to find innovative solutions to the world’s great challenges.
Head Ultra High Net Worth, UBS Wealth Management