Capital for Cause: Back to Basics is a must attend event for all impact investors and social entrepreneurs looking to unleash capital for greater social impact as well as financial returns. It will be an engaging and interactive day of discussion and idea generation focusing on the topics of affordable housing and food security.
Before you say “I do,” it’s a good idea to sit down and discuss your finances. Even if you’re already married or in a committed relationship, scheduling a regular “financial date” to proactively talk about moneywill help avoid any unpleasant surprises in the future. Here are some ideas of what to talk about:
Philanthropy in the family enterprise model is distinct from other family based charitable giving programs. What makes philanthropy planning for family-owned businesses and their successors is the relationships that the enterprise has with the family. Over the next three weeks I will be sharing a series of posts about philanthropy in the family enterprise model, leading up to the Michael Shuman, Social Impact Investing summit that is being held in Calgary on April 18 and 19 as part of the REAP Calgary Down to Earth Week.
80% of Canada’s economy is built on small and medium sized businesses. It is estimated that 90% of those are family owned. What comes to mind when I say family business might be some of the larger names like McCain, Ford Automotive, Loblaws (Weston Family), Sobey’s, Wal-Mart, Cargill, and Shaw; but there are a number, lesser known or more localized family businesses that cover every possible industry in our country from automotive to agriculture, from retail to construction, from IT to the energy sector. With such large market-share in our economy it’s a wonder that we don’t hear about the strength and values that family businesses bring to our economy, especially when things are turning downwards.
This week I had the privilege of attending the Nexus Youth Summit in Washington, DC. The purpose of this summit is to bring together leaders in philanthropy, social enterprise, social finance and the Next Generation for a series of conversations that lead to action around the critical issues facing our communities - locally, nationally, internationally.
One session that stood out in particular for me was a session on Climate and Philanthropy. A panel discussion with: