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Navigating the complex dynamics of philanthropy and religion

A recent House of Commons recommendation has people talking about the connection between religion and philanthropy.

Some major donors who feel compelled to give based on their faith report a sense of alienation from their non-religious peers, to the extent that they may avoid talking about their religion when it comes to philanthropic activities.

How can wealth stewards work through complex questions when faith and giving intersect? We sat down with Ann Rosenfield of Charitably Speaking and consultants Irshad Osman and Lori Guenther Reesor for their insights.

It was our most popular article so far this week. 

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PARTNER CONTENT

Family offices needed a fintech solution. Simran Kang went out and built it.

As the global family office sector evolves, one of the most frequently mentioned needs is a modern tech platform that can keep pace with the complexity of intergenerational wealth. MyFO is a fast growing fintech platform founded in Canada and now used across North America and it’s emerging as a category-defining solution, bringing structure, clarity and speed to a space long dominated by spreadsheets and legacy systems.

The idea came from experience, not theory. Simran Kang, then a trusted advisor to ultra-high-net-worth families, kept encountering the same friction points: disjointed data, slow reporting cycles and a lack of tools that reflect how today’s families actually operate. Rather than accept the limits of existing software, Kang built MyFO, an intuitive, entity-based platform that reflects the real-world complexity of family offices and adapts as their needs evolve.

This story is brought to you by MyFO

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More this week & from our archives

UHNW Institute’s ‘Wealthesaurus’ sets standards in an industry where there are few

Free resource offers clear definitions of wealth advising terms to inform families, assist family office advisors and standardize the field

Navigating the wealth of choices in family office software solutions: a quick guide

We winnow down the hundreds of available platforms and products to highlight 25 made-in-Canada offerings

Alternative investment reality check

As family office interest in alternatives rises, a veteran investment consultant argues that the benefits may be illusory, but the costs and anemic returns are very real