Dividends against diseases
Using dividend donation, shareholders have begun donating money they have never owned to charity, as Simon Mumme reports. Dividend donation, a mechanism built and patented in Australia, offers shareholders a way to give to charity the small dividends paid by participating ASX-listed companies. Shareholders tick one of two boxes on an existing dividend election form,
February 01, 2008
The state of giving
Simon Mumme takes a closer look at Australia’s philanthropic industry. During a recent antipodean visit, Kingsley Aitkins, president and chief executive of the Ireland Funds, a global network of philanthropic vehicles funding social projects in Ireland, outlined the booming philanthropic industry overseas. The world’s 1.4 million non-profits hold $2.2 trillion in assets. Philanthropy, once a
December 01, 2007
Asking the question
How and when should philanthropic advice become a part of the client relationship? Simon Mumme investigates. “It isn’t at the forefront of a financial planner’s mind to tell a client how to give money away,” Tim Hardy, philanthropy consultant with Enrich Australia, says. But for many advisers, gifting clients’ money in agreement with their aims
October 01, 2007
