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Philanthropy

August 28, 2009

Does philanthropy suffer when times are tough? A select panel from Campden’s Family Philanthropy conference discusses this question and the implications of the downturn on philanthropy

Roundtable Panel

Michael Alberich-Sebriech is an executive partner at Active Philanthropy. Previous to this position he worked for the German Bertelsmann Foundation as programme director of the Carl Bertelsmann Prize. He is also a board member of several non-profit and charitable organisations.

July 2, 2009

George Russell Jr has been awarded the Smithsonian Institute’s Woodrow Wilson award for corporate citizenship.

George Russell Jr has been awarded the Smithsonian Institute's Woodrow Wilson award for corporate citizenship. The award marks a lifetime of progress and achievement for Russell, a US family business leader whose success has allowed him to engage in philanthropy and business education. Today, he is chairman of the multifamily office Threshold.
 

June 3, 2009

The belief that applying business methods and disciplines to philanthropy and charity will make those organisations better is quite simply misguided. It speaks of distance: using your business mind-set and value system to help the poor, rather than compassion, love and a large dollop of common sense.

The belief that applying business methods and disciplines to philanthropy and charity will make those organisations better is quite simply misguided. It speaks of distance: using your business mind-set and value system to help the poor, rather than compassion, love and a large dollop of common sense.

May 13, 2009

Known affectionately as the cardboard king, Richard Pratt passed away at the end of April. The patriarch of the family-owned, $5 billion Visy business group was one of Australia’s most successful businessmen and philanthropists. Campden FB looks back at his extraordinary life.

Known affectionately as the "Cardboard King", Richard Pratt passed away at the end of April. The patriarch of the family-owned, $5 billion Visy business group was one of Australia's most successful businessmen and philanthropists. Campden FB looks back at his extraordinary life.

April 27, 2009

Two next generation members tell Samantha de Baca about how they define their philanthropic missions and how they select charities for their family foundations

As younger generations become involved in the work of their families' philanthropy, the processes they use evolve very differently. As two third-generation members, Mary Galeti and Katherine Lorenz (pictured) explain, there are many ways to select the right charities to carry out your family's philanthropic vision and to develop your own philanthropic voice.

April 27, 2009

The economic turmoil is bad news for philanthropy. Michael Fischer explores what next gens need to know about giving when everyone is tightening their belts, and looks at how to get the maximum bang for your buck…

The current economic downturn has hit the philanthropic sector hard. "There's no question that this has devastated the assets of those who have endowed foundations, and it's really chilled a lot of people who do their giving out of advised funds or do it out of cash, direct gifts," says Virginia Esposito, president of the National Center for Families in Philanthropy in Washington DC.

"The average foundation people we're talking to have been affected: their assets are down 30% to 50%," continues Esposito, whose organisation recently conducted a major survey of its members.

April 27, 2009

Philanthropy courses for next generation members are growing in number as demand for knowledge in how to give effectively continues to rise. Marc Smith meets two twenty-somethings to find out what is driving them to make a difference…

There are those who would have you believe that today's young adults are more likely to be philistines than philanthropists, but perhaps they've just been talking to the wrong people.

Children born into wealth, as everyone knows, have to balance the financial security, comparative luxury and personal freedom they inherit with the burden of expectation that accompanies them as they grow up in the shadow of famous ancestors.

March 26, 2009

There are not many opportunities afforded by the turmoil in the financial world, and it can be difficult to look beyond retrenchment across the board. However, it is a prescient time to look again at what your philanthropy is doing.

There are not many opportunities afforded by the turmoil in the financial world, and it can be difficult to look beyond retrenchment across the board. For many families of wealth, the past few months have been spent on refocusing investment portfolios. However, it is also a prescient time to look again at what your philanthropy is doing.

February 27, 2009

When is a tube of lipstick just a tube of lipstick, and when is it a tour de force? When it’s a MAC Viva Glam. One cosmetic giant challenges family offices to go the extra mile with their philanthropy

MAC cosmetics is an innovator in more than just its makeup. Its AIDS Fund – which donates every cent of the selling price from its Viva Glam range – has raised $128 million since the family-owned Estee Lauder bought the company from the founders in 1994.

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