Economics
News
France
Around a third of French patrons plan to reduce donations
While almost a quarter of those polled say they will stop giving altogether
By Gareth Harris. Web only
Published online: 28 November 2012
A survey of 1,160 people conducted by France Générosités, a national network of charitable organisations, shows that 31% of French residents who donate to associations and foundations, including the arts, plan to decrease the amount given in future.
Twenty-two per cent of those questioned say they will stop donating altogether, while only 3% say they will increase the amounts given. Individuals aged under 34 living in rural areas are most likely to stop donating while older, high-net worth individuals in the provinces are more likely to give. A majority of respondents (62%) believe that tax breaks for patrons are a powerful incentive, and do not consider these reliefs to be “tax avoidance” schemes.
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