R.F.O. WEALTH ADVICE

3 Before tackling philanthropy as an instrument capable of helping family members come together on shared values concerning assets, one must highlight the philanthropic responsibility, i.e when one feels a duty to share one’s wealth. During recent years there has been a shift from government to governance with new strategic approaches concerning community welfare, the growth of young people and on the wellbeing and dignity of individuals in society. With these principles in mind, the role played by culture is essential. Philanthropy can support the growth of any type of culture ranging from art to science to sport. Philanthropy does not only fund culture, it can stimulate the growth of a social environment favourable for its growth and create examples of direct generosity fostering the growth of culture in civil society. As regards this point, from a public standpoint, the foundations in particular, thanks to their rules of association and/or mission represent an example of institutional generosity targeted at the growth of the community. Whereas in the framework of family asset management the ideal instrument to unite families on real values and assets, thus helping family members come together around shared values is the family office. FAMILY OFFICE Family Asset Consultancy and Strategic Planning ASSETS AND PHILANTHROPY