These fascinating reads offer valuable insights into making charitable giving meaningful for you and your loved ones.
As you think about how to make an impact, sometimes it helps when others provide inspiration. In 2019, we published a list of interesting books on philanthropy vetted by The Private Bank’s own book club. Coordinated by a California-based wealth advisor and comprising colleagues, estate planning attorneys, accountants, and members of nonprofits, the club meets every other month to discuss the latest thinking in giving back.
Their list for 2020 continues the theme of books written by successful, impactful business leaders who share moving and accessible stories that inspire others to take action.
One of this year’s selections was Let My People Go Surfing by Yvon Chouinard, founder of Patagonia. Throughout Patagonia’s history, it has given 1% of either after-tax profits, before-tax profits, or gross revenue primarily to environmental causes. So it was decided that each member of the book club would give 1% of a regular budget item — like the weekly coffee spend — to an organization of their choice.
Considering what you would like your contribution and legacy to be? Here are four worthy titles for inspiration and motivation.
1. The Moment of Lift: How Empowering Women Changes the World
2. Let My People Go Surfing: The Education of a Reluctant Businessman — Including 10 More Years of Business Unusual
Yvon Chouinard & Naomi Klein
3. Philanthrocapitalism: How Giving Can Save the World
Matthew Bishop & A. Michael Green
4. The Blue Sweater: Bridging the Gap Between Rich and Poor in an Interconnected World