Is tact curbing our impact?
Reflecting on 20 years of philanthropy with the UBS Optimus Foundation.
WHEN we talk about philanthropy, there are a lot of conventions dictating what we can and cannot say. Philanthropy is not a business, or at least, we can't call it that. Telling stories of real people in need while also discussing return on investment or risk assessment is generally seen as tactless. Even the etymology of the word (from Greek philanthropia) is tied to thoughts of altruism and self-sacrifice. When we talk about philanthropy, we don't like to use the word profit.
It's an unfortunate convention. And it's also a destructive one - mainly because it has inhibited the development of effective, sustainable funding mechanisms. After all, if we…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Lifestyle
Former Zouk morphs into mod-Asian Jiak Kim House, serving laksa pasta and mushroom bak kut teh
Massimo Bottura lends star power to pizza and pasta at Torno Subito
Victor Liong pairs Aussie and Asian food with mixed results at Artyzen’s Quenino restaurant
If Jay Chou likes Ju Xing’s zi char, you might too
Mod-Sin cooking izakaya style at Focal
What the fish? Diving for flavour at Fysh – Aussie chef Josh Niland’s Singapore debut