Dramatic increase in ‘million-dollar’ donations in 2015

2,197 gifts of $1m or more, worth a combined $56bn, were made across the UK, the US and the Middle East (GCC[1]) in 2015, according to the findings of the latest Coutts Million Dollar Donors Report

The figures represent a significant increase from 2014 in both the number and total value of million-dollar donations, marking a return to levels of giving not seen since the financial crisis of 2008.

While a single gift of $32bn from the Middle East accounted for over half the total value, the increase was also driven by a remarkable rise in the number of donations across other regions. In the US the number of gifts grew by an incredible 71% from the previous year, while the UK saw a rise of 19%.

Next News to read

US signs up to SDG Platform

Alliance magazine