Chapter 9 JOURNEY TO SHARED VALUE
The current model dictates that the needs of society not met by government or business are left to the charity or for-purpose sector, which does its best to fill the gaps. Most of its funding comes from individuals and the business sector. In his article ‘Australian Giving Trends — Recovery Confirmed, Evolution Gains Pace’ for JBWere (October 2013), John McLeod notes that 86 per cent of the giving (excluding donations to private ancillary funds) was by individuals.
In addition to demonstrating the importance to charities of individual donors, this finding also highlights the opportunity for business and ...
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