Multiplier-effect philanthropy and purpose | Wealth Office
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Themes / No. 7

Multiplier-effect philanthropy and purpose

Philanthropy designed to multiply, through self-funding models, scholars who give in turn, rigorous selection and well-matched time horizons.

Theme hub

Several Wealth Office guests approach philanthropy as a design problem, asking how a gift can produce more than its original value. Howard Bilton built the Sovereign Art Foundation to generate more than he could afford to give. William Louey's scholars now fund scholarships of their own, a model Michael Macfarlane calls regenerative philanthropy. Shield Xiao Dun hopes his company will have more impact than the scholarship he helps fund. Elaine Chow applies investment-style due diligence to charities, while Kedge Martin and Jamie Webb urge proximity, humility and a foundation lifespan matched to its cause. Philip Marcovici sees philanthropy as a way to engage family members outside the business. This theme gathers those approaches and the questions they raise about rigour, distance and time, and about what allows impact to last beyond the original gift.

The essay

How philanthropists design gifts that keep producing long after they are made

Howard Bilton, William Louey, Elaine Chow, Kedge Martin and Jamie Webb describe philanthropy that multiplies through business models, scholars, due diligence and proximity.

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