Abstract
The German population is one of the wealthiest in the world. But though its overall wealth and the number of wealthy individuals is steadily expanding, the amount of charitable giving has stagnated. Changes are needed in order to increase revenue from donations and expand the ranks of the major donors. Germany must foster the willingness of the wealthy to give, must improve fund-raising by nonprofit organizations, and must ensure commensurate recognition of the special social value attached to the giving by major donors.
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Notes
- 1.
More recent data is not available.
- 2.
This term used in private banking refers to persons whose individual net worth is at least US 1 million $ (not counting the value of their primary residence and the consumer goods they own).
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Haibach, M., Priller, E. (2014). Major Giving in Germany: Facts and Opportunities. In: Freise, M., Hallmann, T. (eds) Modernizing Democracy. Springer, New York, NY. https://doi.org/10.1007/978-1-4939-0485-3_26
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