philanthropyOz Blog

Business Leader Survey shows a trend to philanthropy

David Deverall, Managing Director and Chief Executive Officer of Perpetual Limited, last night unveiled the results of the 2007 Business Leader Survey, which contains some encouraging results for Australian philanthropy. Speaking at the Perpetual 2007 Business Leaders Forum, Mr Deverall outlined “a clear trend among Australia’s business elite towards giving more to charities, both personally and in business.”

The survey results show that 23% of the leaders surveyed made a larger personal donation to charity last year than the year before, and 17% plan to give even more next year. Most of those planning larger donations say they will do so because of increased earnings, leading to increased financial capacity.

The intention to establish charitable trusts and foundations was also surveyed, with 27% of senior executives saying that they would consider setting up a personal charitable trust or foundation, and 26% saying that they would consider establishing a business foundation.

The survey results and Mr Deverall’s speech are available on Perpetual’s website.