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Philanthropy

George Russell Jr has been awarded the Smithsonian Institute’s Woodrow Wilson award for corporate citizenship.

The belief that applying business methods and disciplines to philanthropy and charity will make those organisations better is quite simply misguided. It speaks of distance: using your business mind-set and value system to help the poor, rather than compassion, love and a large dollop of common sense.

Known affectionately as the cardboard king, Richard Pratt passed away at the end of April. The patriarch of the family-owned, $5 billion Visy business group was one of Australia’s most successful businessmen and philanthropists. Campden FB looks back at his extraordinary life.

Two next generation members tell Samantha de Baca about how they define their philanthropic missions and how they select charities for their family foundations

The economic turmoil is bad news for philanthropy. Michael Fischer explores what next gens need to know about giving when everyone is tightening their belts, and looks at how to get the maximum bang for your buck…

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