Lessons in Legacy, Chapter One: The Legacy landscape - Flipbook - Page 27
Where the size of wealth is substantial and there are shared philanthropic goals,
the creation of independent philanthropic structures can still be very important
for a family, providing a shared sense of purpose and enabling family members
across generations to work together.
“
As with a commercial business, sizeable
philanthropic structures require:
• Strategy - what are the problems we want
to tackle and how will we make a real
difference;
• Scale - we are one player amongst many,
how can we team up with other charitable
organisations, governmental organisations
and philanthropists to effect real change;
• Governance -managing charitable structures
well is critical to engender trust and
confidence and avoid reputational damage to
your brand within the philanthropic sector.
C L A R E S T I R Z A K E R , P R I VAT E W E A LT H PA R T N E R
U S I N G P H I LLESSONS
A N T HINRLEGACY
OPIC VEHICLES