There is a rising interest amongst individuals and families, particularly the “next gen”, in looking at new ways of making a difference other than through traditional philanthropic structures such as family foundations, whether that is the use of Donor Advised Funds (DAF), ESG or impact investing, or simply using the power of their networks and social media to drive traffic and funding to causes they are passionate about.
There are several reasons for this move away from a traditional “foundation” structure. Some young people are put off by the restrictions placed on them by the Charity Commission, and feel that they can ...