Seven trends to watch
Penelope Cagney and Bernard Ross, 2013
Trend 1: There is a continuing growth of great wealth and some of it is being diverted to philanthropy
Great wealth is no longer confined to the developed world – but it is still concentrated in a small number of countries. It is also concentrated in the hands of a small number of people as global inequalities increase. The inequalities exist in many nations – but they raise some significant challenges in territories like those in the Gulf or nations like Russia where there is a more limited commitment to transparency about how wealth is acquired or distributed. For fundraisers the challenge may not simply be securing funds but ensuring that the funds ...
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