Wednesday, June 25, 2008
For those interested in issues regarding wealth and philanthropy, The Center for Wealth and Philanthropy at Boston College ("CWP") will co-host a conference, October 7-8, 2008, entitled: "The Supply and Demand of Philanthropy in the 21st Century: Strategies for Fundraising and Financial Professionals." This is a multidisciplinary conference, co-sponsored by the Association of Fundraising Professionals. According to CWP's website, CWP is a "multidisciplinary research center specializing in the study of spirituality, wealth, philanthropy, and other aspects of cultural life in an age of affluence. Founded in 1970, CWP is a recognized authority on the relation between economic wherewithal and philanthropy, the motivations for charitable involvement, and the underlying meaning and practice of care." Below is an excerpt of the Conference Overview:
The Center on Wealth and Philanthropy garnered significant media attention from its report Millionaires and the Millennium: New Estimates of the Forthcoming Wealth Transfer and the Prospects for a Golden Age of Philanthropy. In this report CWP predicts a $41 trillion (in 1998 dollars) intergenerational transfer of wealth during the 55-year period from 1998 through 2052. For fundraising and financial professionals who wish to better understand and utilize this wealth transfer, this conference will explore (at a level of detail rarely offered) two fundamentally important ideas:
- The New Dynamics of Philanthropy: the idea that donors desire greater charitable involvement; and
- The Moral Biography of Wealth: the way individuals conscientiously combine two elements in daily life: personal capacity and moral compass.
Paul Schervish and John Havens will discuss the supply (donor) side and the demand (charity and beneficiary) side of philanthropy in the 21st century. John Havens will provide context for discussion of these ideas by offering an overview of the $41 trillion wealth transfer. Paul Schervish will discuss important aspects of the supply and demand of philanthropy in the 21st century, and the distinctive traits of wealth holders. In his unique and effective style, Paul Schervish will elaborate and provide concrete examples of an innovative way of thinking, feeling and acting that constitutes the new physics of philanthropy. This includes how wealth holders seek (rather than resist) greater charitable involvement, approach their philanthropy with an entrepreneurial disposition, understand that caring for the needs of others is a path to self-fulfillment, and view philanthropy as a way to achieve simultaneously happiness for themselves and others.
An equally important aspect of The Supply and Demand of Philanthropy in the 21st Century is the concept of the "moral biography". Paul Schervish will discuss and provide examples of the distinctive characteristics of a moral biography of wealth. Exploration of the moral biography of wealth highlights the philosophical foundations of major gifts by major donors and is a critical tool for anyone who is concerned with fundraising and financial planning. Over the course of two days you will learn the elements of the moral biography of wealth and how to encourage biographical conversations with clients and donors to generate a new dynamic in philanthropy and more personal, knowledgeable and successful client/donor relationships.
In addition to Schervish and Havens a highly regarded vice president for advancement and a well respected financial professional will also provide insights and answer questions during the conference.
For more information, please click here.