What do you think of when you think of Philanthropy? Do you picture an unapproachable patriarch with huge fortunes who donates to his pet causes? I have to be honest, that’s kind of what I pictured – until I met and interviewed two amazing women for a panel at the Family Office Magazine and KBC Conferences .
I know the brain science around giving. It feels good to do good and all that. I know that we get a rush of dopamine when we help someone. But did you know that giving can actually help a family business survive?
The KBC Conferences panel was titled “The Journey From Success To Significance: Spotlight On Philanthropy.” Many companies are successful but few companies can pride themselves on being significant. The three family dynasties represented on this panel achieved significance by making philanthropy a part of their business plans.