Family Office Providers Focus on Philanthropy

Organizations providing services to family offices have always featured articles and sessions at conferences on philanthropy to their constituents. However, I have been noticing a signifcant increase lately. This may have much to do with the evolving wealth management business in Asia where philanthropy is a becoming a core focus for families.

* Singapore Courts the Center on Philanthropy. A Family Office Review article looks at the courtship of Singapore’s Economic Development Board (EDB) and the Center on Philanthropy at Indiana University.  Singapore’s effort to be the “philanthropy hub” of Asia requires that they bring on training and research organizations to fill the talent gap. (Subscription required).

* The New Philanthropists and the Blurring of Business and Giving. A CampdenFB article suggesting five ways to participate in philanthropy: (1) Think like a Silicon Valley entrepreneur – failure is an option; (2) Create a spend-down foundation; (3) Incorporate philanthropy into the business; (4) Prove that it works – focus on strong evidence of outcomes before scaling; and (5) Break down the boundaries between for-profit and non-profit.