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Active Philanthropy

Indonesian family business puts $300,000 into Palu disaster relief

October 5, 2018

An Indonesian family conglomerate is putting its logistical muscle to getting relief supplies into disaster-struck Palu as the country reels from its fourth natural disaster in less than two months.

An Indonesian family conglomerate is putting its logistical muscle into getting relief supplies into disaster-struck Palu as the country reels from its fourth natural disaster in less than two months.

The death toll in Indonesia's twin quake-tsunami disaster, centred on the island of Sulawesi, has climbed to 1,424 with time running out to rescue survivors a week after disaster struck.

FB Roundup: Harvey Weinstein, Bacardi, and Pentland Group

October 20, 2017

Weinstein scandal could claim family business; Philanthropic Bacardi gives $3 million for disaster relief; Pentland Group awarded for excellence by EY

Weinstein scandal could claim family business

The sexual harassment scandal surrounding Hollywood producer Harvey Weinstein may engulf the film studio he co-founded despite resigning from the board.

Head and heart: A philanthropist talks about making a difference today

October 10, 2017

As a private and corporate philanthropist, I am saddened by the lack of smart corporate giving by the number of companies who embark on charity as a mitigating, guilt trip activity rather than one that infuses the corporate DNA. So many are still failing to employ the same levels of due diligence and strategic thinking they apply to earning money, to giving.

Opportunities for social investment in Asia exposed in AVPN study

July 6, 2017

Asia’s tradition of religious giving and increasing wealth is being channelled into a growing movement towards social investing among the wealthy and family offices, new research finds.

Asia’s tradition of religious giving and increasing wealth is being channelled into a growing movement towards social investing among the wealthy and family offices, new research finds.

Countries with a legacy of wealth, such as Singapore and Hong Kong, saw family foundations take a more prominent role in strategic philanthropy, according to The Social Investment Landscape in Asia by the Asian Venture Philanthropy Network (AVPN).

Millennial mindset for philanthropy and impact investing revealed

May 5, 2017

Millennials believe social entrepreneurship makes a sustainable difference around the world now, using social media to collaborate with peers and find supporters, says new research.

Millennials believe social entrepreneurship makes a sustainable difference around the world now, using social media to collaborate with peers and find supporters, says new research.

Keeping up with the Jones Prize: New award champions leaders in philanthropy

February 10, 2017

A new award named in honour of an Institute for Private Investors member aims to be for young philanthropists what the Nobel Prize was for Mother Theresa.

A new award named in honour of an Institute for Private Investors member aims to be for young philanthropists what the Nobel Prize was for Mother Theresa.

The Dennis M Jones Family Foundation and the institute have launched the inaugural Jones Prize in Philanthropy. The prize of a $25,000 grant will be given to a charity that has been aided by the efforts of an individual, under the age of 40, who has demonstrated exceptional work in philanthropy.

Cash-poor Millennials lead the impact investing revolution in philanthropy

December 14, 2016

Socially and environmentally conscious Millennials are reinventing philanthropy by merging traditional foundations with profit-making endeavours and social enterprises, a new report says.

Socially and environmentally conscious Millennials are reinventing philanthropy by merging traditional foundations with profit-making endeavours and social enterprises, a new report says.

Education remained by far the most popular philanthropic cause for ultra-high net worth (UHNW) individuals, followed by health, also according to Changing Philanthropy: Trend Shifts in Ultra-Wealthy Giving.

Education benefits in rising billion dollar philanthropy

November 29, 2016

The amount given in philanthropic efforts in the United Kingdom, United States and Middle East has rocketed from $17 billion to $56 billion a year, a new report says.

The amount given in philanthropic efforts in the United Kingdom, United States and Middle East has rocketed from $17 billion to $56 billion a year, a new report says.

The fourth international edition of the Coutts Million Dollar Donors Report, released this week, also found 85% of the value of the 2,197 donations in January to December 2015 were given by individuals and the rest by corporations or foundations.

Fortune and glory: How to avoid the pitfalls of philanthropy

September 28, 2016

One of the common mistakes families make with philanthropy is to allow emotion and wishful thinking to override logic and thoughtful analysis. Michael Finnigantakes a look at some of the pitfalls that regularly catch families off-guard

One of the common mistakes families make with philanthropy is to allow emotion and wishful thinking to override logic and thoughtful analysis. Michael Finnigan takes a look at some of the pitfalls that regularly catch families off-guard.

Global Family Office Report reveals impact investing has “come of age”

September 16, 2016

A remarkable 62% of family offices are now active or expect to be active in impact investing, the new Global Family Office Report by Campden Wealth in partnership with UBS reveals.

A remarkable 62% of family offices are now active or expect to be active in impact investing, the new Global Family Office Report by Campden Wealth in partnership with UBS reveals.

Even the 30% of family office principals surveyed who were not active now said this was likely to change in the future.

The study found Millennials were a key catalyst with two-thirds of participants agreeing families with children born after 1980 will see an increase in requests to participate in impact investing.