There have been 170 charitable family foundations established in the UK by high net-worth individuals (HNWs) since 2012, new research by private wealth law firm Boodle Hatfield has found.
According to Boodle Hatfield, the large number of wealthy families setting up their own foundation reflects changing attitudes towards wealth, including a growing focus by wealthy individuals on ‘giving back’ to society to help deal with major geopolitical issues such as combatting climate ...
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