Third Largest Charity Donor
Novamedia/Postcode Lotteries is third largest private charity donor in the world
December 18th, 2014
Novamedia/Postcode Lotteries has been ranked third largest private charity donor in the world by London business newspaper City A.M. and charity authority Prof. Dr Theo Schuyt in the City A.M. World Charity Index 2014.
The index ranks the total amount funded by private charity donors in 2013. Top donors were the Bill & Melinda Gates Foundation with £2.169 Billion, followed by the Wellcome Trust with £581.5 Million and Novamedia/Postcode Lotteries with £470.3 Million.
Novamedia/Postcode Lotteries CEO Boudewijn Poelmann, who is also non-executive chairman of the board of City A.M., says, "Fundraising is part of the Postcode Lotteries' DNA. We believe the world is better off with strong civil society organisations. Our mission is to raise funds for these organisations and to increase awareness for their work. Our fundraising lotteries, with such a high contribution to charities of £5.17 Billion to date, thanks to our millions of players, are unique in the world and we are extremely proud of this."
In his introduction, Professor Schuyt (VU University Amsterdam, European Research Network on Philanthropy) explained, "I would like to draw attention to one exceptional organisation: Novamedia. Nearly all the other organisations in the list are endowed foundations; their grants originate from legacies and donations from corporations or banks. However, Novamedia generates its grants from operating charity lotteries in the Netherlands, UK and Sweden."
The full City A.M. Charity Index 2014 appears in a special 52-page magazine, 'City A.M. Giving', in the Thursday 18th December issue. The issue also features reports on giving in the City, corporate philanthropy and remarkable charity stories of 2014. These include the ice bucket challenge and the City's ICAP Charity Day. City A.M. is distributed at 400 commuter hubs across London and the Home Counties, as well as 1,600 offices throughout the City, in a circulation of over 400,000.
Four years ago, City A.M. issued the first World Charity Index, a ranking of the world's largest donors to charity. The City A.M. World Charity Index has become a tradition. The list, featuring the top 20 global private charity donors, as well as Europe's top 20 private charity donors and all-time donors, is researched and ranked by Professor Dr. Theo Schuyt (VU University Amsterdam, University of Maastricht and Chair of the European Research Network on Philanthropy) and his team.Return to news archive