Social Impact & Philanthropy - Betsy Erickson

Summary

In this episode, Russ Haworth interviews Betsy Erickson, the chair of the philanthropy and social impact domain at the Ultra High Net Worth Institute. They discuss the role of the domain chair, the complexity of philanthropy, and the importance of integration across domains. Betsy also talks about the barriers that families face in philanthropy and the need for experienced advisors to guide them. They highlight the value of cross-domain learning and the work being done by the Institute to educate and inform both families and advisors. Betsy shares upcoming initiatives and resources in the philanthropy domain.

Chapters

00:00 Introduction and Background

03:23 Role of the Domain Chair

07:59 Importance of Integration Across Domains

10:45 Complexity and Emerging Challenges in Philanthropy

14:21 Barriers in Philanthropy and Social Impact

17:35 Educating and Informing Families and Advisors

22:20 Cross-Domain Learning and Competencies

26:01 Initiatives in the Philanthropy Domain

30:01 Conclusion