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March 15, 2018

Fashion founders Hubert de Givenchy and Sonja Bata are being remembered by their families and foundations for their influence, elegance and philanthropy.

Fashion founders Hubert de Givenchy and Sonja Bata are being remembered by their families and foundations for their influence, elegance and philanthropy.

French couturier Givenchy, who designed for Audrey Hepburn, Grace Kelly, Ingrid Bergman and Jackie Kennedy, died in his sleep near Paris on 10 March at the age of 91.

August 14, 2012

Not that long ago if you were a philanthropist you handed over money to somebody with good intentions and let them get on with it. But these days things are more complicated. A new generation of entrepreneurial, young people are shaking up the way giving works.

June 10, 2010

Francois-Henri Pinault, the second-generation chairman and CEO of the family-owned luxury group PPR, last night awarded three fellowship grants to social entrepreneurs through the company’s Foundation for Women’s Dignity and Rights.

Francois-Henri Pinault, the second-generation chairman and CEO of the family-owned luxury group PPR, last night awarded three fellowship grants to social entrepreneurs through the company's Foundation for Women's Dignity and Rights.

February 27, 2009

When is a tube of lipstick just a tube of lipstick, and when is it a tour de force? When it’s a MAC Viva Glam. One cosmetic giant challenges family offices to go the extra mile with their philanthropy

MAC cosmetics is an innovator in more than just its makeup. Its AIDS Fund – which donates every cent of the selling price from its Viva Glam range – has raised $128 million since the family-owned Estee Lauder bought the company from the founders in 1994.

July 1, 2006

How does a business-owning family renew a sense of ambition and drive in successive generations? Francois deVisscher looks at how entrepreneurs can instil a confidence and taste for risk-taking by introducing the next generation to philanthropic activities

François de Visscher  is founder and president of the family business consultancy de Visscher & Co. www.devisscher.com.

How does a business-owning family renew a sense of ambition and drive in successive generations? Francois deVisscher looks at how entrepreneurs can instil a confidence and taste for risk-taking by introducing the next generation to philanthropic activities

September 1, 2004

Ignoring the strategic landscape of the business itself, family firms can focus too heavily on leadership transition because of emotional reasons, says Andrew Keyt. Has succession overshadowed the harder long-term business goals?

Andrew Keyt is president of the US chapter of the FBN and executive director of the Chicago Family Business Center.

Ignoring the strategic landscape of the business itself, family firms can focus too heavily on leadership transition because of emotional reasons, says Andrew Keyt. Has succession overshadowed the harder long-term business goals?

July 1, 2004

Some business-owning families believe that family success in philanthropy is much easier than family success in business. Not so. A family foundation still has to pass through the generational stages of involvement and control – with all the associated issues

John L Ward is the Wild Group Professor of Family Business at IMD (Switzerland) and Co-Director of the Center for Family Enterprises at Kellogg School of Management (USA). He serves on the boards of four family companies in Europe and the USA.

Some business-owning families believe that family success in philanthropy is much easier than family success in business. Not so. A family foundation still has to pass through the generational stages of involvement and control – with all the associated issues

January 1, 2003

Good corporate governance should extend to all areas of a family business, including its philanthropic ventures

Robert R Patterson is a member of FBN in Lausanne and is a Principal of ASC Advisory Group, Charlottesville, Virginia, USA.

Note: The article is based on several real-life cases, but names have been changed.

Good corporate governance should extend to all areas of a family business, including its philanthropic ventures

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