THEY ARE NO LONGER SATISFIED JUST TO BE SEEN GIVING MONEY. THEY WANT TO SEE THE MONEY IS DOING GOOD


the multinational organisations because they feel they can trust them to put their money to good use, despite the fact it is the major players which have been rocked by scandal. Oxfam GB was banned from operating in Haiti last year after its staff were accused of sexual misconduct following the 2010 earthquake. Hoare says up-and-coming


generations are also having an impact in philanthropy. “They are no longer satisfied just to


be seen giving money. They want to see the money is doing good. They want measures of impact, or they want to engage personally, or ideally they want to invest for social and financial returns,” he says. “Quite often, older trustees have not


got a clue how the next generation is thinking and it is quite a challenge to take them on to a new way of thinking. The Fore is a nice way they can see social impact is not risky, it is a sensible way of doing contemporary philanthropy.” The Fore is also enabling millennial


members of the Hoare family to gain practical experience in this type of philanthropy. Rennie Hoare, 33, the bank’s head of philanthropy is the most recent addition to the crop of 11th generation partners. He oversees the philanthropic activities of the family,


trustees. They run interactive sessions to give participants the chance to practice CPR, the recovery position, and manage blood loss at a time when lethal knife crime in the UK is rising. Gunn says StreetDoctors realised that


talking with at-risk young people about immediate trauma management not only meant they could potentially save their friends’ lives, but they also were changing their attitudes to violence. “One of the questions they are


always asked in these workshops is, ‘Where a safe place to stab somebody is?” she says. “The groups are continuously shocked


by the answer that there is no safe place to stab someone. It does not matter where


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staff and customers and through his family’s investment in the Golden Bottle and Bulldog Trusts, joined The Fore. He sits on its investment committees and participates in the network of members who connect with the organisations they are especially interested in. “Rennie is better trained than I ever


was in the field of philanthropy,” Hoare says of his fellow partner. “He is a very committed member of The


Fore and wants to get stuck in at a more personal level than just writing a cheque.” Gunn says Rennie is one of their best


“graduates”. He has used his time on the committee to further understand the wide range of organisations working in a variety of areas to solve a huge number of issues. When it comes to modern


philanthropy, “families, family foundations, family offices, and family trusts are in good positions to take risks,” Alexander Hoare says. “It is pretty hard to get a bunch of


fiduciaries and a quango to do something new, for all sorts of vested interest reasons. But a family that has made their money making widgets can equally well give the money away in an innovative way, which may or may not work. It is risky, but all progress results from unreasonable people taking risks.”


you stab someone, you could potentially kill them.” In January 2013, The Fore awarded


StreetDoctors a £30,000 ($48,000) grant, which enabled the hiring of its first member of staff, a part-time chief executive, and the means to contract with youth offending institutions and teams. StreetDoctors has expanded from four


teams in Liverpool, Greater Manchester, Nottingham, and London since The Fore began involvement in 2013, to 15 cities across the UK and, since 2017, a team in Dublin, Ireland. “An absolutely magnificent cause,” says


Hoare. “The need was appalling, and it has had a very measurable impact.”


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IT DOES NOT MATTER WHERE YOU STAB SOMEONE, YOU COULD POTENTIALLY KILL THEM


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