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«Philanthropists speak out», six family entrepreneurs reveal their commitments to philanthropy

JUNE 2009 - Mandated by the Banque de Luxembourg, wise took an active role in publishing a booklet entitled « Confidence of a Philanthropist » relating to the philanthropy within entrepreneurial families. Issues around family philanthropy are unveiled in an accessible and clear manner thanks to the testimonials of philanthropists as well as that of Professor Joachim Schwass, Professor of Family Business at IMD and Director of the IMD Center of Family Business.

Fully aware of the importance of family enterprise, the Banque de Luxembourg wanted to get more involved by demonstrating through testimonials that parallel philanthropic activity by leading families could improve their relations and give them a certain dynamism. « In this sense and for a few years, we have noticed a growing interest vis-à-vis philanthropy as much for its purpose of solidarity as well as what it brings to the family relations as well as the sustainability of values » confided Philippe Depoorter, Head of Philanthropy at the Banque de Luxembourg.

In a philanthropic approach, questions of governance, succession, generosity, learning through action are all mentioned and thus allowing younger members of the family or spouses to find their place in the family structure. Accompanied by wise in this approach, philanthropists delivering herewith their testimonial, share the generated enjoyment through the approach as well as the personal development brought upon alongside the satisfaction of giving in itself.

Convinced of the importance of creating an exchange platform within the family philanthropy organization, Professor Joachim Schwass states among others that « wise has much merit in highlighting the growing importance of philanthropy as well proposing highly inspiring training perspectives » .

The book can be ordered by contacting us.



© Thierry Parel

«(…) There is nothing more powerful than a social entrepreneur with a great idea.»

William Drayton, Chairman, Ashoka