Ten Faces of Philanthropy Contents
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TEN FACES OF PHILANTHROPY CONTENTS Foreword Generosity in figures Philanthropy in and in words figures and in words Ten Faces of Philanthropy 4 6 8 Young Donors Circle Anne Gloor Héloïse Spadone-de Meuron Pascal Vinarnic Philippe Depoorter Uniting young Putting your money where The gift of Sharing the Facilitating access philanthropists your mission is expertise entrepreneurial spirit to philanthropy 10 14 18 22 26 Stéphanie Kebeiks Lana Ojjeh Ann Cotton Jasmine Chew Leslie Harroun Developing a culture of Family philanthropy: Turning beneficiaries into Digital Giving philanthropy among the young when 1+1=3 philanthropists philanthropy together 30 34 38 42 46 Ten years of Acknowledgements Swiss Philanthropy Foundation 50 55 2 3 TEN FACES OF PHILANTHROPY FOREWORD Foreword Philanthropy today is expressed primarily in the form of enabling them to function like a foundation, without the Etienne Eichenberger time, money or experience contributed by individuals for administrative burden that usually goes with it. Chairman the greater good. Yet, as we all know, mobilising these resources is no easy task. Meanwhile, the needs seem Nelson Mandela once said that our choices should reflect Xavier Isaac to be increasing by the day. In many areas, governments our hopes, not our fears. We hope that the many faces Treasurer have no alternative but to rely on private initiatives. of philanthropy highlighted in the following pages will inspire you to examine your relationship with the world The purpose of philanthropy is not to resolve this dilemma, and commit to working for real and lasting change, which continues to fuel intense public debate. Yet whether as a family, as a business leader, with friends or philanthropy is undoubtedly influenced by it. when planning the final years of your life. For the past several years, we have been listening to people Finally, in the name of the Board of Swiss Philanthropy who have taken – or are planning to take – their first Foundation, we would like to express our profound steps in the world of philanthropy, and who are looking gratitude to the recipients of this distinction for agreeing for support and guidance along the way. Today, we shine to tell us about themselves. a spotlight on a group of individuals who have helped to give philanthropy a new impetus, men and women whose We hope you enjoy discovering their stories! humility, ambition and commitment are an inspiration to us all. To mark the Swiss Philanthropy Foundation’s 10th anniversary, we decided to recognise 10 initiatives that illustrate the many faces of contemporary philanthropy. We believe that a hosting foundation like ours exists to serve a cause rather than an interest. That cause is to help philanthropists achieve their objectives without compro- mising their principles, by hosting their philanthropy and 4 5 TEN FACES OF PHILANTHROPY GENEROSITY IN FIGURES AND IN WORDS Generosity in figures ... 67% CHF 1,8 billion Share of the population who are donors Total value of 0,3% (SpendenMonitor, 2013) private donations Donations as a share of in Switzerland in Swiss GDP in 2015 2015 (Zewo, 2016) CHF 76’438 1 in 4 Swiss residents 490 4 (Zewo, Federal Statistical Number of non-profits volunteers at least a half a day Office, 2016) in Switzerland per week (Federal Statistical The average Swiss households donates Average annual donation (SpendenMonitor, 2013) Office, 2014) to 4 non-profit organisations per Swiss household (SpendenMonitor, 2013) (CEPS, 2016) Volunteering give meaning to my life. It allows me to get ... and in words involved in projects that align with my values and try to build a better world. It’s a deeply enriching personal journey By connecting millions of people, digital technology offers that has opened me up to others and to the world. a unique opportunity to solve major problems. Sylvie Manzini, Vice-president, Caritas Geneva Jonathan Normand, B Lab (Switzerland) & Swiss Crowdfunding Association Be the change you want to see in the world. Ariane Waldvogel, Director, Fondation Pro Victimis Getting involved with philanthropy has been a deeply Think about others, pay attention to the problems they face enriching experience for me. It has allowed me to meet and help them find solutions to improve their daily lives. some truly remarkable people, learn a lot, and confidently Jean-Louis Carpentier, former President, Rotary Club step out of my comfort zone. I believe that’s the definition of Geneva of a happy and meaningful life. Antonella Notari Vischer, Member of the Board, Womanity Foundation 6 7 TEN FACES OF PHILANTHROPY PHILANTHROPY IN FIGURES AND IN WORDS Philanthropy in figures ... 85% 1 new foundation is set up 60 of independent foundations every day in Switzerland 13’172 have assets of less than hosted funds in French-speaking on average (CEPS, 2017) charitable foundations CHF 5 million (Rüegg-Sturm Switzerland administered by 3 in Switzerland et al., 2003) registered hosting foundations (CEPS, 2017) (fondations-abritantes.ch 80% estimate, 2016) of foundations employ no CHF 70 billion salaried staff 2-1 62’000 Total assets of foundations (Lombard Odier, 2010) 57% in Switzerland (CEPS People are members of a For every two new Share of foundations under 632 estimate, 2017) foundation board; 3,868 sit foundations created, one 20 years old (CEPS, 2011) Swiss residents on two boards and 1,352 on foundation is shut down or per foundation more than two (CEPS, 2017) merged on average (CEPS, 2017) (CEPS, 2017) For me, philanthropy is an important tool of intergenerational ... and in words transmission. It’s a way of uniting a family around important values and enabling its younger members to become Whether emerging or sustainable, socially responsible social entrepreneurs. investing is not only a source of satisfaction but also an Alexis du Roy de Blicquy, CEO, FBN International imperative for responsible investors, and demand is growing rapidly. We are witnessing a real paradigm shift. Every action, no matter how well intentioned, has to Ivan Pictet, Chairman, Fondation pour Genève be approached with a level of prudence, intelligence and research that goes far beyond the intention to do good. Allen Adler, CEO Adler Joailliers SA, What holds people back is often the belief that you need a lot Fonds Adler pour les femmes of money to get started. Founding Giving Women has been a constant learning experience. Every day, I meet extraordinary New communication technologies have increased people whose drive and dedication are inspiring. transparency and traceability, facilitating greater Atalanti Moquette, Founder, Giving Women responsibility and boosting non-financial impact. This holds true for both investments and donations alike. Fabio Sofia, President, Sustainable Finance Geneva 8 9 TEN FACES OF PHILANTHROPY UNITING YOUNG PHILANTHROPISTS Uniting young philanthropists Young Donors Circle In brief Young Donors Circle was launched by 11 young SME An ambitious and connected generation of charitable platforms help their more committed Founded 2017 entrepreneurs after visiting a social enterprise in Bangladesh young philanthropists is exploring new forms participants to acquire a more strategic and in February 2017. The purpose of the trip was to foster of philanthropy. Striving for coherence and organised approach to charitable giving. better leadership by learning from a social enterprise. keen to reconcile their aspirations with their Organised by Friendship International and facilitated by skills, they tend to oscillate between certainty In February 2017, a group of 11 young family 11 young entrepreneurs Banque de Luxembourg, the experience enabled participants and trial and error. Most become aware at a business leaders from Luxembourg spent pledge 1,000 euro to gain a better understanding of the challenges faced annually for three years young age of the importance of philanthropy a week immersed in the daily life of rural by people in emerging markets. They decided to set up a and the urgency of the needs. For these philan- communities in northern Bangladesh. The donors’ circle whose 11 members each pledged 1,000 euro 2/3 du projet thropists, impact is as important as the causes realisation that they could achieve greater annually for three years. of the project is supported they support. They are exploring new ways impact if they worked together led them to set by the Ministry for of identifying and implementing projects that up a giving circle dedicated to supporting a Based on its existing relationship with Friendship Inter- International Aid of will have a lasting impact. Connecting through project run by the social enterprise Friendship national, the Ministry for International Aid of Luxembourg Luxembourg social networks, these digital natives are open International for a period of three years. decided to supplement this initial funding. The members to all forms of collaboration – in fact, they of the circle are: Anouk Ahlborn, Ariane Bigou, Paul Ernster, actively seek them out. A good example is the Laura Giallombardo, Goy Grosbusch, Mathias Lentz, 600 giving circles created ‘giving circle’ model, 600 of which have been Philippe Linster, Carole Muller, Tom Steffen, Anne Van in the United States, with created in the US, comprising 12,000 partici- Wetteren and Julie Weidert 40% of donors under the pants. The concept is still quite unfamiliar in age of 40 (The Philanthropist, 2014) Europe, though. Giving circles can involve as few as four or five Swiss Philanthropy Foundation’s choice people or as many as a hundred. They are a fantastic way to pool funds before redistributing This simple, pragmatic initiative enables donors to individually support projects while pooling their them as grants, usually to non-profits. Regard- resources, demonstrating that philanthropy is also about bringing together smaller streams. Though still rare in Europe and Switzerland, this model deserves to be better known, given its less of their specific characteristics, these potential to inspire people to support cultural, social or development projects.