People representing a variety of businesses met in Santiago in June to discuss the effect that family companies could have on Chilean society. With support from the David Rockefeller Center for Latin American Studies, the Cámara de Comercio de Santiago (Santiago Chamber of Commerce) and the Alberto Hurtado University organized a seminar entitled Family Companies and their Legacy for Chilean Society. Participants discussed philanthropic activities as a way to unite Chilean families, especially through the formation of family foundations. Charles W Collier, senior adviser on philanthropy issues at Harvard University, was the event’s main speaker. Family foundations, like the Andrónico Luksic Foundation and the Foundation for the Protection of Children, are slowly emerging and becoming more visible in Chile as a way of channelling private resources for public purposes. Discussion included the differences and similarities faced by wealthy families in Chile and the US, from tax problems to cultural issues.
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