Family Offices (FOs) are devoting a greater share of time and wealth to philanthropy. Charitable giving is one of the main ways many families and Family Offices define success. Philanthropy is a wonderful way to engage family members, especially younger generations, to share and honour values, explore similarities and differences, and leverage individual strengths.
The holiday season presents an opportunity for wealthy individuals and families to share their abundance and make a meaningful impact on the lives of those less fortunate. Despite busy schedules filled with gatherings and festivities, there are simple and efficient ways to give back. Here are some thoughtful approaches to contribute to charitable causes this holiday season.
The Lauder Foundation is a prominent philanthropic organization based in New York City. Established in 1987 by Leonard A. Lauder, son of cosmetics entrepreneur Estée Lauder, and his wife, Evelyn, the Foundation has made significant contributions in a variety of areas, including education, arts and culture, Jewish causes, and disease research. With a focus on supporting organizations that align with its founders' personal interests, the Lauder Foundation has played a critical role in fostering positive change in the community.
Artificial intelligence (AI) has emerged as a transformative force in many industries, and philanthropy is no exception. AI's potential to revolutionise philanthropic efforts by streamlining processes, improving decision-making, and facilitating research is increasingly recognized.
Private foundations have demonstrated an unwavering commitment to philanthropy despite economic uncertainties and market downturns. The recently released 2023 Report on Private Philanthropy highlights trends within these foundations and provides valuable insights into their impact on charitable causes.
Sports philanthropy is a social engagement approach that employs sport as a platform to effect good social change. This social contribution can range from tiny grassroots sports development activities to campaigns run by sports bodies or personal efforts conducted by professional sportsmen. Sports philanthropy serves as a conduit for any social good efforts that make use of sport as a tool. Let's take a look at the many aspects of sports charity.
Swiss entrepreneur and philanthropist Hansjörg Wyss has made a remarkable impact in the fields of business and philanthropy. With a net worth estimated at more than $4.7 billion, Wyss has dedicated his wealth to causes close to his heart, particularly environmental protection, health care, and scientific advancement.
For a long time, he was the richest Chinese; a few years ago, he fell to fourth place. Jack Ma, the founder of Alibaba, one of the largest e-commerce platforms in the world, and the founder of Fintech Ant Group, today presents himself above all as a philanthropist.

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