In support of large International Charities.

In support of large International Charities.

I recently attended a discussion with some philanthropists and the conversation turned to how they decided upon which charities to support.  All agreed the decision was a personal one and between them they supported a hugely diverse set of causes.  However, one thing they all had in common was they did not support large international charities. Why not?

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Family Wealth through philanthropy

Family Wealth through philanthropy

Almost all cultures around the world have an expression that means the same thing. In Europe - clogs to clogs in 3 generations; in China - rice paddy to rice paddy.  Their meaning is clear – that without careful thought the first generation will make the money; the second will become significant members of society and the third, having no experience of any other life, will spend what is left of it.

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