Sunday, 4 March 2018

Philanthropy, purpose and passion

Some of the world’s leading philanthropists gathered in Monaco for the first International Philanthropy Summit in February.

Founded by Alexey Antropov of the Antropov Foundation, the event highlighted the social responsibility of wealthy individuals and luxury brands. Speakers included the Director of the Prince Albert II Foundation, Olivier Wenden, and Sir Stelios Haji-Ioannu, founder of the Stelios Philanthropic Foundation.

Alexey Antropov (second from right), Sir Stelios Haji-Ioannu with his award, Aya Glagoleva, Ambassador of the Antropov Foundation, and Summit organiser Vladimir Lyaporov (Picture: International Philanthropy Summit Monaco)
An emotional moment

Cypriot-born Sir Stelios spoke passionately of his work to bring food aid to struggling Greeks in Athens, where he spent his youth. He is proud to have signed up to the Giving Pledge, the global initiative that encourages high net worth individuals and their families to dedicate the majority of their wealth to philanthropy.

An emotional moment came from Monaco-based Luc Pettavino, founder of OnlyWatch, a charity auction of unique timepieces for Duchenne Muscular Dystrophy research. He told delegates how his life’s mission is to bring people together for charitable endeavours. His OnlyWatch event – which tours the world with its spectacular, one-of-a-kind timepieces from the world’s top brands   was sparked after his teenage son died of Duchenne Muscular Dystrophy. “I didn’t want to get up every morning without a purpose – I wanted to look forward to each day by bringing people together for a good cause.” He has certainly achieved his goal.

Three speakers were presented with trophies, designed by Monaco-based artist Marcos Marin. The first trophy – an eye-catching silhouette of the late rock star Prince, who was a notable philanthropist – was given to Dr Rupert Graf Strachwitz. He founded the Maecenata Institute for Philanthropy and Civil Society in Berlin, whose involvement with not-profit organisations for over 30 years has earned him acclaim as one of Germany’s key philanthropists.

Philanthropy trends

Strachwitz spoke of the latest philanthropy trends, namely that philanthropists are getting younger and are starting their Foundations as their life’s work – not towards the end of their lives, as has often happened in the past. A notable example in this regard is Mrs Sung-Joo Kim, a Korean businesswoman and passionate philanthropist who supports women’s empowerment, among other issues.

The second prize was awarded to Sir Stelios, whose Foundation is committed to supporting entrepreneurship.

Daniel Gros, director of the Centre for European Policy Studies in Brussels, also received an award. Gros, a speaker at the World Economic Forum in Davos, previously worked for the International Monetary Fund.