Family Philanthropy’s New Era
The concept of “making an impact” is not new. Families of substantial wealth and philanthropy have long had an intertwined history. So it is no surprise that, when 2020’s tremors hit, families of exceptional wealth stepped up in ways not only addressing the pandemic but also tackling deeper societal issues. FOX Chief Operating Officer Glen W. Johnson talks with Jacqueline Valouch, Head of Philanthropy at Deutsche Bank Wealth Management, and Nick Tedesco, President and CEO of the U.S.’s National Center for Family Philanthropy, about the current state of philanthropy, what changed during the pandemic, and what lies ahead.