Tom Hunter is strategic about his giving
Tom Hunter is a well known Scottish businessman, entrepreneur, and philanthropist.
Apart from supporting initiatives such as Band Aid, Live 8 and Make Poverty History, he and his wife Marion established the Hunter Foundation in 1998. He is now well known for wanting to give away £1bn to initiatives in Scotland and Africa through his foundation. This is very good news as not only is it a huge sum but Tom Hunter aims to be very strategic about his giving and therefore his giving is likely to have a greater impact.
He treats philanthropy as a business and invests in his team of executers (a Rockefeller approach where “giving is investing”), he leverages his money and actively seeks partnerships, looks at failures as lessons learned ( which indicates that he is less risk adverse and aims for innovation) and use performance indicators with projects reporting back. The Tom and Marion Hunter Foundation will be an interesting space to watch.
The Hunter Foundation http://www.thehunterfoundation.co.uk/
Band Aid Documentary http://www.youtube.com/watch?v=0L3OP4MkWW8
Live 8 http://www.live8live.com
Make Poverty History http://www.makepovertyhistory.org/
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