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Three Ways to Give Internationally: Lessons on High-Impact Philanthropy
By Advisor Perspectives
Wealth Management, Lifestyle
Lessons on high-impact philanthropy from the Stanford Philanthropy Innovation Summit
I was honored to attend the 2017 Philanthropy Innovation Summit at the Stanford Center on Philanthropy and Civil Society. The intensive day-long program gathers thought leaders in Palo Alto to discuss research, best practices, and new strategies that can increase philanthropic impact. I heard inspiring stories about charities around the globe. One example is the Chinese crowdfunding platform founded by Shen Peng, which raised $140 million in less than two years to help 60,000 patients with medical bills.
Shen Peng’s story is part of a remarkable rise in affluence around the world. In Forbes annual list of the world’s wealthiest people, about 80 percent of newcomers hail from outside the United States, with China leading the way. This wealth is nurturing an increasingly powerful global philanthropy movement that offers American philanthropists more options to make an impact abroad than ever before.
Read more at Advisor Perspectives.