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Philanthropy

Philanthropy becomes big in Asia, research

October 6, 2011

Asian philanthropists can make a big impact on the development of the region, thanks to a new strategic approach to charity that emphasises innovation, scale and sustainability.

Read the full article at CampdenFO.

Ikea founder to give additional €1 billion to charity

September 19, 2011

Ingvar Kamprad, the billionaire founder of Swedish furniture retailer Ikea, has promised to donate more than €1 billion to charity.

He has instructed the Ikea Foundation, which has owned Kamprad’s family business since 1982, to increase its charitable spending substantially, reports say.

Asia’s next-gen view philanthropy differently to parents, study

August 24, 2011

Families in Asia who manage their philanthropic activities as a unit need to develop strong strategies for accommodating inter-generational differences to ensure the success of their efforts, according to a specialist in philanthropy.

Super rich blame tax laws for reduced philanthropy

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.

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.

McCain Foods founder dies

May 16, 2011

Wallace McCain, co-founder of Canadian frozen food empire McCain Foods and chairman of Maple Leaf Foods, died on 13 May aged 81.

McCain died after a long battle with cancer and is survived by his wife, four children and nine grandchildren.

McCain founded the eponymous family business along with his brother Harrison in New Brunswick, Canada in 1956. In its first year, the company had sales of around $150,000, and in the 1960s it started offering its frozen potato products to consumers outside Canada.

News analysis: Charity begins with the wealthy

March 24, 2011

Chancellor George Osborne introduced several measures to streamline charitable giving in the latest UK budget. Katie Barker looks at what those measures are and their impact for philanthropy

The latest budget provided many talking points for both personal and business finance, from the cut in corporation tax to the 1p reduction in petrol duty and the introduction of enterprise zones – all intended to stimulate growth. But in the area of charitable giving, UK chancellor George Osborne’s budget took steps to “encourage wealthy people in our society to give more.”

Wilmington Trust

February 22, 2011

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Wilmington Trust

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With roots dating back to the founding of Wilmington Trust Company by T. Coleman duPont in 1903, Wilmington Trust has been serving members of the duPont family and successful individuals, businesses, and families for generations.

Wealth Advisory Services

The Family Business Consulting Group, Inc

February 22, 2011

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Schroders Wealth Management

February 22, 2011

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Rothschild Private Banking & Trust

February 22, 2011

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