October 01st, 2015
Matt Jones from Westpac Private Bank examines the opportunities, resources and mutual benefits to be gained from helping high net worth clients contemplate and articulate a strategy for their philanthropy.
Overcoming perceived barriers
Whilst the broad intent is usually there, sometimes the perceived complexity of setting things up can be overwhelming for clients. Though there is rarely a wrong way to give, sometimes introducing an experienced hand to help take the mystery and perceived complexity out of the process can bridge this inertia. It also allows clients to focus on defining the outcomes they wish to achieve.
This is where drawing on the resources of groups like Philanthropy Australia, Australian Philanthropic Services or the Australian Environmental Grantmakers Network is invaluable. Having access to tools and resources, and making contact with other philanthropists can be powerful.
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In conversation with Nicole Richards at the Philanthropy Meets Parliament Summit, Daniel Lee shared his insights on topics including the role of philanthropy as a driver of systems change which addresses root causes of social challenges, the relationship between philanthropy and government and what the new political environment in the United States means for philanthropy.