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philanthropy

December 11, 2020

Families aligning their charitable giving with their business plans and the rise of the next generation of family leaders are among the trends explored in a new book which aims to guide families on their ventures in philanthropy.

Family Philanthropy Navigator, published this month, delves into case studies and offers advice and practical tools for experienced and aspiring families in the philanthropy sector.

Social impact and collaboration: Selin Yigitbasi-Ducker starts up outside the family

May 9, 2020

Goodsted is a platform for socially purposeful individuals and organisations who would like to volunteer their skill or donate other resources to non-profit social projects. Award-winning founder Selin Yigitbasi-Ducker, a fourth generation member of Turkish conglomerate Yasar Holdings, talks about her passion for social change, product design challenges, and inadvertently benefitting from being a next-gen.

Where did the idea for Goodsted come from?

FB Roundup: Sodexo, Henkel, Roche

April 3, 2020

Sodexo mobilises and board cut salaries, Henkel makes disinfectants and donates millions, coronavirus-testing Roche hailed by UK government.

Sodexo mobilises globally and board cuts pay to support laid-off staff

The family principal and chiefs of Sodexo, the French family-owned food services and facilities management group, will cut their pay and support their staff made redundant because of the coronavirus outbreak with a $32.6 million fund.

Family business philanthropy in the age of the coronavirus

March 23, 2020

The families behind a British hospitality group, a German automaker and an emirates conglomerate are doing their bit in the fight against the coronavirus pandemic by cancelling commercial rents, providing face masks and donating ambulances.

Fuller, Smith and Turner, the UK’s 174-year-old family-controlled pub and hotel business temporarily closed its entire managed pubs and hotels estate from today until further notice. There have been 5,683 cases and 281 deaths in the UK from COVID-19, the disease caused by the coronavirus.

Family philanthropists want to see the difference their charity makes in their lifetime

February 11, 2020

A growing number of family philanthropists are setting time limits on their charitable giving so they can see the impact they’ve made in their lifetime, according to new research by Campden Wealth.

A growing number of family philanthropists are setting time limits on their charitable giving so they can see the impact they’ve made in their lifetime, according to new research by Campden Wealth.

Sustainable performance to The Fore in Hoare family-backed venture philanthropy

November 19, 2019

A Hoare family-backed sustainable impact funder says its social welfare startups are beating performance expectations in its benchmark study.

A Hoare family-backed sustainable impact funder says its social welfare startups are beating performance expectations in its benchmark study.

London-based seed funding initiative The Fore found 74% of the nascent charities it supported around the United Kingdom succeeded in meeting their targets over the past two years. More than 70% of grantees surpassed their expectations for expanding their charitable activities after one year of funding. More than 50% exceeded their forecasts for income generation after a year of funding.

The Pew Charitable Trusts: Serving the public trust

November 18, 2019

From private foundation to public charity, The Pew Charitable Trusts has worked to improve the world. But how can the organisation deal with complex global issues in an era of hostile populism and nationalism?

In November 2006, the US city of Philadelphia was suddenly thrown into a cultural crisis. Thomas Jefferson University, a Philadelphia medical school, announced it had agreed to sell The Gross Clinic—Thomas Eakin’s treasured artwork of 1875 depicting world-famous Philadelphian surgeon Samuel Gross operating on a man in front of an audience of students and colleagues.

Next-gen Jaimie Mayer to shake-up family foundation as new chair

August 2, 2019

The first fourth-generation family member to lead the Nathan Cummings Foundation says a root and branch restructuring of the New York-based philanthropic institution is the best way to honour her family’s legacy.

Jaimie Mayer, the 36-year-old great-granddaughter of the founding Canadian-born US businessman, investor and philanthropist, succeeded Ruth Cummings as chair of the board of trustees.

Mayer looked set to introduce changes in culture and policy, and movement building at the 30-year-old family foundation.

LETHAL AI: The ethical war against killer robots

April 22, 2019

London-based fourth-generation family office J Leon Group has overhauled its giving in the last decade. Paddy Walker, managing director, spoke to Alexandra Newlove about how the diverse giving portfolio—from stopping killer robots to challenging hate speech—has brought the family closer

The 18 charities supported by J Leon may seem disparate at first glance. But drill down a little and you find they align under five key areas informed by the family’s history, passion, and expertise.

In the noughties, Paddy Walker and Tania Slowe, joint managing directors and husband-wife team, executed two buy-backs, taking the number of shareholders from 140 to fewer than 20.

It was this, Walker says, which spurred the family to reassess its giving, as the family felt closer and it became easier to communicate.

Dame Stephanie Shirley: Making the lasting difference

April 8, 2019

Dame Stephanie Shirley brought the same trailblazing zeal to philanthropy over the past quarter century as she did as an IT industry pioneer. She tells James Beech what she learned from starting and finishing charitable giving

How a philanthropist ends their legacy is just as important as how they start it. Just ask Dame Stephanie “Steve” Shirley CH, who at 85 and after decades of venture philanthropy is spending out her charitable Shirley Foundation while ensuring the good work continues.