The future of philanthropy: fast decision-making, more control and tangible outcomes
For centuries, philanthropy has played a significant role in how wealthy families give back to the societies in which they live and to causes that they deem important. In a globalised, technologically advanced world, however, the shape of philanthropy is changing. And the events of 2020, in the form of the Covid-19 pandemic, have potentially pushed philanthropy into a whole new realm.
In a report due to be released early in 2021, Vistra surveyed 225 HNWI and UHNWI from around the world and found that Covid-19 had an immediate and dramatic impact on philanthropic giving – But it is when examining philanthropy in light of the pandemic and what this means for the future that the responses become particularly revealing.
In this webinar, a global team of Vistra representatives will review the findings in detail, discussing the ins and outs as to why some regions may have increased their philanthropic efforts whilst others decreased theirs. They’ll delve into where the money is going and what is driving the significant shift being seen from passive philanthropy to active philanthropy.
The report not only examines regional differences but also how attitudes vary across age ranges and in doing so, the team will give their views as to why some of the deep-rooted traditions of old, may now be starting to move in a different direction.
While philanthropy was one main focus of the report, it also uncovers some interesting approaches to wealth planning and structuring as well as to succession. To be one of the first to hear about these unique insights, click here to register for our webinar where you can also get immediate access to the report following the event.
Key Learning Objectives
- Learn about the evolving nature and trends of global Philanthropy
- Hear about how the pandemic has influenced individuals behaviour and approach to Philanthropy
- Understand more about the key drivers that influence philanthropic activities
- Recognise the regional variances of what influences philanthropic activity
