Foundation launched to simplify charity donations

The foundation, SCM Philanthropy, will focus on improving accountability, measurability and transparency for philanthropists and recipients. It will also provide administrative, corporate financial and operational advice where needed. Launched amid the financial downturn, the foundation says wealthy individuals are increasingly looking to make charitable donations a central part of their financial management strategy, despite the economic crisis. However, philanthropists also want to ensure their money is used effectively to benefit the causes, instead of being swallowed through char...