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philanthropy

November 17, 2015

Families of wealth in Asia are increasingly looking to impact investing rather philanthropy to achieve social and environmental good, according to a new report released this week.

Families of wealth in Asia are increasingly looking to impact investing rather philanthropy to achieve social and environmental good, according to a new report released this week.

Over the next three years families anticipate allocating 44% of their “doing good capital” to impact investing, compared with 33% today.

May 7, 2015

With 15 million registered students, 12 million average monthly visitors to its website, 900,000 registered teachers and over 3 billion exercises completed, Khan Academy is a nonprofit organisation on a mission to provide a free, world-class education for anyone, anywhere.

With 15 million registered students, 12 million average monthly visitors to its website, 900,000 registered teachers and over 3 billion exercises completed, Khan Academy is a nonprofit organisation on a mission to provide a free, world-class education for anyone, anywhere. As the founder and executive director of Khan Academy, Sal Khan has a legitimate claim to being a true modern revolutionary of education. CampdenFB spoke to Sal after his keynote address at IPI’s 2015 Winter Forum in San Francisco.

July 16, 2014

Many wealthy families living off their investments are returning to active business operations, impact investing or philanthropy, as they feel they lack of purpose, a new report says.

Many wealthy families living off their investments are returning to active business operations, impact investing or philanthropy, as they feel they lack of purpose, a new report says.

The meaning of wealth in the 21st century: unlocking the secrets of wealthy families, conducted by Withers and Scorpio Partnership, sought to find whether the wealthy are focused on wealth generation, preservation or the application of their wealth.

July 9, 2014

Peter Wege, a significant donor to environmental causes and the former second-gen vice chairman of furniture family business Steelcase, has died in Michigan, US, aged 94.

Peter Wege, a significant donor to environmental causes and the former second-gen vice chairman of furniture family business Steelcase, has died in Michigan, US, aged 94.

Founded in 1912 by Wege’s father, Peter Martin Wege, Steelcase is the world’s largest office furniture manufacturer, reporting revenues of $2.9 billion last year.

March 13, 2014

Majid and Badr Jafar are busy guiding Crescent Group through expansion in Iraq, embracing global diversification, and tackling family governance. They are also sounding the alarm over the bulge in Arab youth unemployment, and the $700 billion family business governance time bomb. CampdenFB reports 

Badr Jafar has had a long day. Dressed in immaculate business attire, his tie is askew and, although it is mid-afternoon, he’s still got a packed schedule for the rest of his day. In the evening, he flies to New York for a meeting at the United Nations about the Pearl Initiative, the private-sector partnership he set up to enrich Gulf corporate accountability and transparency.

February 19, 2014

Corruption, red tape and staffing pressures have been some of the key risks weighing on Russian entrepreneurs’ minds in the past 12 months, but the investment outlook is still buoyant and there is an increasing interest in the family office model. CampdenFB reports

Russia continues to offer great rewards and great challenges for its wealthy. The process of getting rich, however, is different to the process of staying rich. The fourth annual UBS/Campden Wealth report, Russia’s Wealth Creators, highlighted corruption, too much regulation and the greater need, but limited ability, to secure qualified management and staff, as the key challenges facing Russia’s entrepreneurs. These particular challenges have grown dramatically in importance when compared to last year’s survey.

January 23, 2014

A third-generation member of the family behind US outdoor clothing chain L.L. Bean has donated the island where his grandfather, the family business's founder, hunted for ducks to a conservation charity.

A third-generation member of the family behind US outdoor clothing chain L.L. Bean has donated the island where his grandfather, the family business's founder, hunted for ducks to a conservation charity.

November 21, 2013

Leading luxury family empire LVMH has launched an initiative this week to support young designers.

Leading luxury family empire LVMH has launched an initiative this week to support young designers.

Announced by second-gen Delphine Arnault, the international award is open to designers 40-years-old or younger, who have already created two ready-to-wear men’s or women’s collections.

A panel of judges, including Karl Lagerfield and Marc Jacobs will decide on the winner, who will receive €300,000 to invest in their fashion company and support from a team of experts from LVMH to help them develop it over a period of 12 months.

October 9, 2013

A top athlete’s name, money and drive can be an incredible boost for a charity, but does a career at the pinnacle of sport prepare you for life as a philanthropist? CampdenFB reports

After the final slog towards the Arc de Triomphe on the last leg of the 2005 Tour de France, world famous cyclist Lance Armstrong took to the podium to take the yellow jersey for a record-breaking seventh time.

Over the course of his career “le Boss” had become a household name – his tale made all the more powerful because it was a near miracle that he had ever raced at all. At the age of 25, Armstrong had been diagnosed with advanced testicular cancer, and even after hasty surgery doctors had only given him a 40% chance of survival. But survive he did.

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