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Oxford

February 13, 2014

A self-titled foundation established to leave a legacy in the world used to be the prerogative of the very wealthy, but increasingly philanthropists are abandoning their vanities in favour of high-impact spend-out models for their trusts. CampdenFB reports

The study of philanthropy is an imprecise science and there is no formula that can predict why a wealthy individual would decide to give and to which causes, much less why they would decide it’s time to stop.

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