As digitalisation reshapes the global economy, a trend of so-called crypto philanthropy has emerged. Involving cryptocurrencies such as Bitcoin and Ethereum, this innovative concept provides a borderless and bureaucracy-free alternative to traditional philanthropy and is poised to take on a powerful role in charitable giving.
Understanding the key differences between charity and philanthropy is essential for high net worth individuals seeking to make a meaningful impact with their contributions. Both approaches have their merits and can complement each other in a comprehensive giving strategy. In this comprehensive article, we explore the definitions of charity and philanthropy, their implications, and the ways in which they shape our society.
In the heart of the Middle East, a region known for its diverse cultures and economic prowess, a quiet but powerful force is shaping the destinies of countless lives - the philanthropic efforts of charitable foundations.
Among all generational groups, the health category is a top priority in philanthropic donations. Having a sense of personal touch, health care donors are more likely to make a gift in honour or memory of someone.
Geopolitical tensions and uncertainty have emerged as the new norm, and public, private, and philanthropic actors need to better equip themselves to confront emergency situations in the near and intermediate future, as well as collaborate more closely to address the interconnectedness and complexity of such crises.
Philanthropy dates back to Greek society. According to the US financial media website Investopedia, Plato instructed his nephew in his will to use the proceeds of the family farm to fund the academy that he founded in 347 B.C. The money helped students and faculty keep the academy running.
In terms of total philanthropic giving, the United States ranks well above other countries. This article outlines the key factors behind Americans' world-leading generosity.
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.
We think you might like
Securing diversified wealth is a never-ending process. In this process, market and economic forces are among the most widely discussed and analysed factors when it comes to future-proofing portfolios.
On 3 February 2025, US President Trump signed an executive order to formulate a plan for creating a federal-level sovereign wealth fund (SWF). This initiative will obviously have implications for global markets, but it also invites UHNWIs to consider what can be learned through observing these massive state-owned investment vehicles in general. In many ways, SWFs' objectives mirror those of ultra-high-net-worth individuals and their families - both are focused on growing and preserving wealth across generations while balancing risk and opportunity. Starting with this piece on SWF governance, over the coming weeks we will explore the striking parallels between sovereign
Ultra-high-net-worth individuals (UHNWIs) often prefer to keep a low profile. Yet in today’s digital era, discretion alone no longer suffices. Cybercriminals now target family offices—the specialized entities managing the wealth and affairs of the world’s wealthiest families.
In case you missed it
Securing diversified wealth is a never-ending process. In this process, market and economic forces are among the most widely discussed and analysed factors when it comes to future-proofing portfolios.
