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philanthropy

April 17, 2013

Whether to get the family business involved in giving, and how to approach business philanthropy can seem daunting at first but the following overview takes a look at the why and how. 

It is fair to say that International Corporate Philanthropy Day 2013 passed this February without much fanfare in the UK. In fact, the year 2011, which the UK coalition Government designated ‘the year of corporate philanthropy’ also came and went without much notice.

April 3, 2013

Almost half of wealthy next-gens think that campaigning for social change is as important as making money, new research has found.

Almost half of wealthy next-gens think that campaigning for social change is as important as making money, new research has found.

December 14, 2012

The nomadic lifestyle of the modern high net worth individual is one of the biggest influences on their investment and charitable giving patterns, according to research by the wealth management division of Royal Bank of Canada and the Economist Intelligence Unit.

The nomadic lifestyle of the modern high net worth individual is one of the biggest influences on their investment and charitable giving patterns, according to research by the wealth management division of Royal Bank of Canada and the Economist Intelligence Unit.

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.

March 23, 2012

They might be under the age of 30, but next-generation members of wealthy families in India are increasingly making big decisions about charitable giving.

They might be under the age of 30, but next-generation members of wealthy families in India are increasingly making big decisions about charitable giving.

That’s according to the 2012 India Philanthropy Report by Bain & Company, which said young high net worth Indians, often working in family businesses, are “particularly interested in increasing their philanthropic involvement”.

December 12, 2011

High net worth individuals in the UK, some of them family business members, are the biggest donators of £1 million (€1.17 million) or more to charities in the country, despite an overall decline in giving, according to a report by private bank Coutts.

High net worth individuals in the UK, some of them family business members, are the biggest donators of £1 million (€1.17 million) or more to charities in the country, despite an overall decline in giving, according to a report by private bank Coutts.

Out of a total of 174 million-pound-plus donations made during 2009/2010, 60% of the money came from the very wealthy, said the study entitled The Million Pound Donors Report 2011.

November 16, 2011

Coutts, the wealth management division of Royal Bank of Scotland, launched an online learning portal to help its clients gain a better understanding on a range of topics, including family businesses and philanthropy. 

October 19, 2011

Carl Lindner Jr, who first transformed his family’s dairy business into a large chain before branching out to form financial services company American Financial Group, died on 17 October aged 92.

Carl Lindner Jr, who first transformed his family’s dairy business into a large chain before branching out to form financial services company American Financial Group, died on 17 October aged 92.

Lindner’s career began in 1940 when he joined his parents’ cash-and-carry dairy market business at the age of 21. He was instrumental in expanding the milk delivery company into a chain of convenience stores.

May 20, 2011

With philanthropy in the UK at its lowest level since the beginning of the financial crisis, the latest survey by JP Morgan Private Bank on ultra-high net worth individuals’ charitable habits hasn’t given much to cheer about.

With philanthropy in the UK at its lowest level since the beginning of the financial crisis, the latest survey by JP Morgan Private Bank on ultra-high net worth individuals’ charitable habits hasn’t given much to cheer about.

The survey, which questioned around 100 UK-based UHNW clients of the bank, revealed that around half of them give over 5% of their wealth to charity, while three-quarters give regularly to charitable causes.

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