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July 8, 2008

A new website (www.thebiggive.org.uk) aimed at bringing ultra high net worth philanthropists and worthy causes together has hit €1.9 billion funds in postings since launching nine months ago.

A new website (www.thebiggive.org.uk) aimed at bringing ultra high net worth philanthropists and worthy causes together has hit €1.9 billion (£1.5 billion) funds in postings since launching nine months ago.

Established by philanthropist Alec Reed (pictured), the founder of Reed Recruitment, the site allows charities to list projects that need funding of €6,300 upwards. Around 4,400 charities are currently using the site to promote 3,650 projects.

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