Family offices have long understood that wealth carries responsibility. Across generations, families have sought to make a difference through philanthropy, foundations and charitable giving aimed at improving lives and strengthening communities.

But today's most urgent challenges — health care affordability, climate resilience, educational access, technological inclusion and economic opportunity — require more than donations. They require solutions.

And solutions require capital that is patient, committed and willing to take risk.

This is where venture investing becomes not just an asset allocation, but a calling.

Traditional philanthropy plays a vital role, but it often treats symptoms rather than systems. Grants expire. Programs end. Funding must be renewed year after year.

Click here to read the full article written by Steven Thayer published in Kiplinger’s Advisor Intel.