• E141: Beyond Giving: The Art of Thoughtful Philanthropy

  • Dec 19 2024
  • Length: 20 mins
  • Podcast

E141: Beyond Giving: The Art of Thoughtful Philanthropy

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  • Summary

  • Host: Bill Adams Guest: Aaron Sherman, Odyssey Group Wealth Advisors Description: This podcast interview explores the differences between charity and philanthropy, emphasizing the latter's strategic and long-term approach to giving. The interviewee, a wealth manager, outlines a process for individuals and families to engage in thoughtful philanthropy, beginning with meeting their own needs and then considering their goals for their wealth and its impact on future generations. The discussion highlights the importance of identifying motivations, choosing causes, and establishing relationships with organizations to maximize the effectiveness and personal satisfaction derived from philanthropic endeavors. The podcast also explores the benefits of creating endowments, which provide long-term financial stability for organizations, ensuring their continued impact on future generations.
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