Philanthropy continues to be an important factor in how families come together and do good together. At the moment, a lot of attention is drawn towards the new generation of philanthropists - millennials who will benefit from one of the most important passages of wealth in history.As this wealth passes between generations, issues may arise. Opinions and views may differ as to how their philanthropic efforts should progress.
Family foundations are taking active steps to engage the next generation and in many organizations, all generations are involved in influencing giving decisions and operations as a means to educate and prepare family members for a philanthropic career.
As professional advisor, understanding these dynamics and influences between generations will play an important role in your practice.
Speakers will address how advisers can support their clients going though these transitions.
At this event we will hear first hand from family members talking about their philanthropic involvement. This will be followed by a panel discussion between advisers with vast knowledge of supporting families and engaged family members.
- Is family philanthropy changing with the next generations taking over a larger part of family owned wealth?
- What implications might there be when a new generation gets involved in the family philanthropy and how can difficulties be mitigated?
- Which trends are shaping the behaviour of family philanthropy in Europe?
- Can family dynamics have both a positive and negative affect on a family’s philanthropic work?
Chair: George King IV, Partner, MASECO Private Wealth
Interview: Lola and Lorraine Grace
Panel: Neasa Coen, Special Counsel Charities and Philanthropy, Withersworldwide; Katherine Lorenz, President, Cynthia and George Mitchell Foundation; Myriam Vander Elst, Managing Director Europe, Epic
About Lola Nashashibi Grace
Venture philanthropist, former investment banker and mother of 5, Lola founded the Middle East Children's Institute (MECI) which has provided healing programs and empowerment to thousands of refugee and disadvantaged women and children through transformational educational programs in the Middle East.
About Lorraine Grace
Lorraine is the Head of Socially Responsible Investment Research at Close Brothers Asset Management and Founder of the My World Project charity.
Philanthopy Impact would like to thank Withersworldwide for generously hosting this event.