Should philanthropic giving be a moral obligation?
Mar 21, 2024
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Exploring the importance of philanthropic giving in New Zealand, Cheryl Spain discusses strategic funding, merging business approaches with charity, and navigating family philanthropy. A comparative analysis of philanthropy in NZ and the US, focusing on cultural attitudes and models of donor advised funds. Generational shifts in philanthropy highlight younger generations' active engagement in addressing societal challenges.
Philanthropic giving should be a cultural norm in New Zealand to address basic needs effectively.
Strategic philanthropy can maximize impact by aligning values, focusing on long-term goals, and educating donors.
Deep dives
Impact of K-pop on Personal Identity
K-pop is more than just music for Pacific youth as it helps them discover and express their true selves. The documentary K-Pollies explores how these individuals integrate Korean pop culture into their own identities. Unlike facing judgment for being different, K-pop encourages self-celebration and acceptance of uniqueness.
Challenges in Philanthropic Giving
The podcast delves into the challenges of philanthropic giving in New Zealand. Amid growing wealth inequality, high net worth individuals are urged to support charities and bridge the gap between those who have excess wealth and those in need of assistance. The discussion highlights the importance of redirecting resources to support charitable organizations as government funding decreases.
Promoting Strategic Philanthropy
The episode emphasizes the significance of strategic philanthropy in maximizing impact. Organizations like the Gift Trust aid individuals in aligning their values with philanthropic efforts, focusing on long-term goals and effective giving. By encouraging family involvement and educating donors on charitable best practices, the podcast advocates for a more purposeful approach to giving back.
With the majority of Aotearoa struggling to meet basic needs, philanthropic funding is more important than ever. Cheryl Spain, executive director of The Gift Trust, joins Bernard Hickey to explain why philanthropic giving needs to become part of New Zealand culture, where funding should be directed within an organisation for maximum effectiveness and how to navigate the complications that come with financial giving.