Today, over a trillion dollars of private philanthropic capital − more than triple the annual global development and humanitarian aid budgets combined. With wealth in Asia growing rapidly, Asian philanthropists are emerging as significant players in the philanthropic scene.
As they organise their family and business structures under family offices, the deployment of philanthropic and social capital has become a primary mandate. Family Principals, in particular the next generation, are looking for new and innovative ways to make a meaningful difference.
This guide introduces the different philanthropic vehicles and tools available in Singapore. It delves into:
- How to give strategically, to increase philanthropic impact, foster stronger collaborations, and make philanthropy an integral part of family principals’ overall wealth planning and asset allocations
- How different philanthropic vehicles and charitable giving tools enable better planning, structuring, and implementation of giving strategies
- Why the Donor Advised Fund (“DAF”), has seen a significant surge in adoption globally and is growing in popularity in Singapore
Uncover insights to these within this comprehensive guide developed jointly by the Wealth Management Institute and the Private Banking Industry Group.
