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The Boston Consulting Group announced as founding sponsor of new global LGBT charity

Ahead of tomorrow’s EurOUT conference a new UK based charity GiveOut has been announced, with the global consultancy on board as a major sponsor

London— GiveOut is a new UK based charity which is raising funds for global LGBTQI causes. It aims to provide the opportunity for individuals to give to organisations working across the LGBT movement through a single platform. They are the first organization that will enable donors to give to activist-led country and regional organisations outside of the UK, as well as international NGOs.

The charity will support a portfolio of causes including grassroots organisations which are currently inaccessible to mainstream donors. It has been launched by Elliot Vaughn, a partner in the Boston Consulting Group’s (BCG) London office, who serves on the global leadership of BCG’s LGBT+ network. The consultancy have agreed to fund a major contribution of the startup.

“The global LGBTQI movement is underfunded, particularly in the South & East, where in many countries it remains illegal to be gay. Our research shows that in the UK just £150k (3%) of the £5m donated by individuals annually to LGBTQI causes supports non-UK causes, and most of that sum is spent in the UK,” says Elliot Vaughn, a BCG Partner and Managing Director and founder of GiveOut. “This charity is the first to allow donors to give globally with a single donation and I’m delighted that the Boston Consulting Group have agreed to come on board as a major corporate sponsor.”

The launch has been announced ahead of this year’s EurOUT conference. EurOUT is Europe’s leading LGBT conference for graduate students, MBAs, PhDs and alumni from top business schools, where attendees have the opportunity to network with and seek employment from leading companies from around the world. It was founded by BCG alum Shane Clifford in 2008, after he attended Reaching Out MBA (ROMBA) in the US and spotted a gap for a European version of it. BCG has been involved as a headline sponsor throughout its history.

“We have a large LGBT network within the Boston Consulting Group and our alumni, and we are proud to be supporting another venture founded by our talented employees,” says Pascal Cotte, BCG’s Head of Western Europe. “Diversity and LGBT inclusion is a very important topic for us and our funding of this groundbreaking new charity demonstrates our commitment to this. In particular, BCG is excited by the potential to expand GiveOut in Europe and we are keen to support that.”

For more information or to speak to the GiveOut team, please contact Rebecca Cummins at +44 207 753 8383 or Cummins.rebecca@bcg.com.

About GiveOut

GiveOut (www.give-out.org) is a new charity launching in the UK which will raise funds for global LGBTQI causes. GiveOut's aim is to support the 'freedom to be and to do' for LGBTQI people everywhere. GiveOut will engage new donors to give to the global LGBTQI movement, having positive impact and aiming to sustainably raise >£1m/yr within 5 years. It will offer a curated portfolio of causes that donors will be able to give to easily, with confidence and efficiently. Monthly donors will have access to briefings, events, impact reports and one-off giving opportunities. GiveOut is currently in start-up phase and is in process of registration with the UK Charity Commission.

About Boston Consulting Group

Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformation—inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact.

To succeed, organizations must blend digital and human capabilities. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital ventures—and business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive.

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