Philanthropy maintains tradition and brings family values to life. In a changing world, it helps a family secure its legacy – but the ways to practise philanthropy are evolving.
DBS Private Bank’s new research into family offices finds ultra-high net worth individuals putting a new emphasis on philanthropy, as families recognise the vulnerabilities of a post-Covid world and embrace the ideas of a new, conservation-minded generation. They are working more closely with the causes they care about and making connections to provide a deeper level of support.