Give While You Live
Peter Winneke
Give While You Live
Peter Winneke
What's your legacy? How much is enough? How do we get to more and better giving?
In Give While You Live Peter Winneke shines a light on best practice giving, maximising impact and how it will enhance your purpose and legacy. Explore 35 case studies, commence or revamp your charitable giving approach for transformative results and use a family foundation as an educational tool for your children.
This frank and constructive book, part memoir, part practical guide, highlights the joy of giving and the reforms required that would lead to more and better giving. The time for this conversation is now, given the looming inter-generational wealth transfer and the opportunity to address the toughest issues in our community.
"Philanthropy done well is both the most rewarding and the most challenging thing you can engage in. Families who want to make a lasting, positive change will find this book a wonderful source of inspiration." - Craig Winkler, entrepreneur
"Our family has benefited greatly from Peter's depth of philanthropic experience and advice. We have found our family foundation to be an excellent and rewarding way to engage the family and connect us all with our community. This book will show you how." - Belinda Hutchinson AC, Chancellor of The University of Sydney and Roger Massy-Greene AM, entrepreneur and social investor
"Peter Winneke has made a huge contribution to philanthropy in Australia by getting people to talk about their giving in an open and encouraging way. He now provides a roadmap - long overdue in this country - on how we can improve our giving culture and better deploy capital in the philanthropic sector. This book is a frank and constructive discussion and will ignite the debate." - Graham Tuckwell AO, ETF industry pioneer
Review
Mark Rubbo
The 200 wealthiest families in Australia have an aggregate wealth of $563 billion and 56,000 Australians have assets worth more than $10 million. Many families have more money than they need to live comfortably yet, despite this wealth, only 46.4 per cent of the 14,816 taxpayers earning more than $1 million claimed a tax deduction for donating to charity. Private philanthropic funds have assets of $2.5 billion, a relatively small amount measured against the nation’s private wealth.
Peter Winneke started out in the corporate world but decided that he could achieve more in the philanthropic world, and quickly realised that there was an untapped resource that could have significant social impact on Australian society. Winneke argues that the apparent miserliness of Australia’s wealthy is not necessarily due to greed, but more likely to cultural factors, lack of knowledge and the relative infancy of the sector in this country. His powerful and practical book, aimed squarely at wealthy families, seeks to give them the arguments and tools to make decisions that will have a significant impact on the world we live in.
While you could argue that it is up to the state through taxes on the wealthy to provide for those less fortunate, it doesn’t, and therefore philanthropy has an essential role to play. In 2009, Readings set up its foundation to support literacy and the arts, allocating 10 per cent of its profits each year to The Readings Foundation. For us it’s been an affirming experience, and for the organisations we’ve supported it’s helped them deliver vital assistance. If you have the capacity and have been thinking that you’d like to do more, then this book is for you. If you know someone who has the capacity, then buy them this book!
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