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FEATURED ARTICLE
Venture philanthropy gives family offices a chance to ‘do something absolutely transformative’
Interesting things are happening at the spot where venture capital and philanthropy intersect. Philanthropic venture capital—or venture philanthropy—is opening up new avenues for investors. Whether it leans more toward profit or pure philanthropy, it’s proving to be an effective investment strategy that can also do great good.
The medical sphere is a prime example. “This is an incredible and exciting way for families to support communities across Canada.”
It's our most popular article so far this week.
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MEMBER CONTENT
Governance matters: Deciding on the right structure depends on the family and their goals
‘For us, governance is creating the conditions, so everyone feels they are at their best, individually and collectively’
When and how should we talk to our kids about family wealth? How can we become more intentional about the way we communicate to make decisions together? And how can we prepare the next generation to step in and take the baton? These are perennial concerns for Canada’s dynastic business families, but they are particularly critical today as 60 per cent of family enterprises are expected to transition ownership within the next decade.
Patricia Saputo and Caroline Phaneuf, cofounders of Crysalia, a Montreal-based consulting firm that works with enterprising families and family offices to manage the human side of wealth, are hearing more from families who want to learn how to communicate more and better.
This article is brought to you by PBY Capital.
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