UNHCR Launches $15M Campaign for Refugee Women Scholarships

A new $15 million campaign called Building Better Futures has been launched by USA for UNHCR to provide 1,000 university scholarships to refugee women, emphasizing education as a tool for empowerment and community transformation through philanthropy led by women. The campaign highlights the shift towards women-centric philanthropy, with women driving the majority of giving in high-net-worth households and aiming to create sustainable support networks for refugee education. Meanwhile, technology is being harnessed to enhance charitable efforts, exemplified by the development of PawHaven, an AI-driven platform designed to connect people with stray animals in need, demonstrating how AI can organize community input and facilitate rescue work. In wealth management, a growing focus on sustainable and impact investing aligns financial advising with personal values, reflecting a mission-driven approach that draws on skills from corporate finance and emphasizes long-term client goals. The upcoming Great Wealth Transfer, estimated at £7 trillion in the UK by 2030, presents challenges for financial advisors who must engage younger inheritors early and adapt to their distinct attitudes and preferences to retain relationships, as many next-generation millionaires intend to replace their parents’ advisers. Advisors are encouraged to initiate open, sometimes difficult conversations to ensure smooth transitions, recognizing that strong client relationships may not automatically extend to inheritors or family members.