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Digital Subscriptions > Family Office & UHNWI > Issue 1 > TOP TIPS FOR NEW PHILANTROPHISTS

TOP TIPS FOR NEW PHILANTROPHISTS

In response to an increase in questions by the younger members of their Families on how to be philanthropic, Juliet Cockram Agnew Head of Philanthropy at I.G Advisors and Mark Estcourt Founder & CEO Cavendish Family Office offer you some tips on how to best handle philantrophy.

Why give?

There are many reasons, ranging from wealth and tax planning, to brand building, to much more personal motivations, that people may decide to get involved in philanthropy.

Philanthropy is now in vogue, widely celebrated, and adopted as a worthy lifestyle choice amongst the wealthy. We know that philanthropy is on the rise, too. According to the Coutts Million Dollar Donors Report $56bn donations of more than $1m were made in 2015 – a significant rise from the previous year.

Giving can be a hugely rewarding experience. Getting to know the dynamic individuals and organisations working on the frontline of social change is enriching and humbling. And such engagement can cut across different aspects of your life – from involving the family and even the children in planning and choosing donations, to engaging companies and their employees.

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About Family Office & UHNWI

Family Office & UHNWI is an exclusive wealth management and lifestyle magazine for the Ultra High Net Worth community.
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