Monday, August 15, 2011
Parent-child duos at Indian Philanthropy Forum highlight generational approaches | Latest from Alliance
Parent-child duos at Indian Philanthropy Forum highlight generational approaches | Latest from Alliance: "A unique aspect of the forum was the ‘coffee with philanthropists’ series that used parent-child duos to highlight generational approaches to philanthropy. This is where I come in. I was honoured to be invited to speak along with my father, Hemendra Kothari. My father set up the Hemendra Kothari Foundation, devoted to education, healthcare and the environment, a few years after he sold his financial services company to Merrill Lynch (now Bank of America). Speaking candidly at the IPF, he discussed some of the challenges he has faced over the years. Sceptics, for instance, felt that his giving was motivated by personal agendas: did Hemendra Kothari found the Wildlife Conservation Trust because he wanted to set up his own wildlife lodge? He regretted poor choices he might have made along the way by giving to organizations not equipped to realize their goals. Not disheartened by some of these errors in choice, as it were, he has remained hopeful: it was never meant to be a smooth ride. Only through such experiences could one learn to giv"