Cass Business School Study Recommends 5% Payout for UK Foundations

The Centre for Charitable Giving and Philanthropy at City University London’s Cass Business School recently issued a new report on grant-making foundations in the United Kingdom.  While applauding their role in supporting philanthropy, the report’s authors make several recommendations for increasing that support, including considering a 5 percent payout requirement based on the existing United States and Canadian payout requirements for such entities.  For summary of the report, see the School’s press release.

LHM