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Forbes Hosts Sixth Annual Forbes 400 Summit On Philanthropy In Honor Of Its 100th Anniversary

This article is more than 6 years old.

Matt Damon and Gary White, Co-Founders of Water.org and WaterEquity, receive Forbes 400 Lifetime Achievement Award for Social Entrepreneurship

Eli Broad, Founder of The Eli and Edythe Broad Foundation, is presented with Forbes 400 Lifetime Achievement Award for Philanthropy

NEW YORK (September 19, 2017) Forbes hosts today, on its 100th anniversary, its sixth annual Forbes 400 Summit on Philanthropy under the theme “Solutions for the Next 100 Years.” Forbes magazine’s special centennial issue, released today, highlights 100 of the world’s greatest living business minds and their ideas for the next 100 years.  In this spirit, for the Forbes 400 Summit on Philanthropy, Forbes is convening over 200 of the world’s leading philanthropists, social entrepreneurs and business leaders from around the world for a critical discussion on the depth of increasingly complex global challenges and the opportunity for innovative ideas and practices to solve them.

Royal Bank of Canada is a presenting sponsor, HNA is a partner sponsor and McKinsey & Company is the Knowledge Partner.

Attendees and speakers include Warren Buffett, CEO, Berkshire Hathaway; Matt Damon, Co-Founder, Water.org and WaterEquity; Gary White, Co-Founder & CEO, Water.org and WaterEquity; Malala Yousafzai, Co-Founder, Malala Fund; Stephen A. Schwarzman, Chairman, Co-Founder & CEO, Blackstone; James Simons, Chairman, Simons Foundation, and Board Chair & Founder, Renaissance Technologies; Yuri Milner, Founder, DST Global; Jean Case, CEO, Case Foundation, and Chairman of the Board, National Geographic Society; Patrice Motsepe, Founder, Motsepe Foundation, and Founder & Executive Chairman, African Rainbow Minerals; Wang Jian, Chairman, HNA Group; Adam Tan, Vice-Chairman & CEO, HNA Group; Muhammad Yunus, Founder, Grameen Bank, Chairman, Yunus Centre, and Winner of 2006 Nobel Peace Prize; among many others.

“For six years, we’ve gathered the world’s greatest givers to figure out solutions to the world’s most intractable problems,” said Randall Lane, the editor of Forbes magazine, who oversees the summit. “For Forbes’ centennial, we’re looking at the problems of the next 100 years, and we have our greatest gathering yet to tackle these challenges."

Participants come together to brainstorm breakthrough ideas for the future to address issues like universal water security, education, extreme poverty, and gender equality, while emphasizing business’ efforts to promote social good and create real, meaningful change.  The onstage conversations this year will envision the world we’d like to see in 2117 and explore how to get there. Imagine: A World With Educational Equality, A World With Safe Water and Sanitation For All, A World With Interstellar Travel and Life Beyond Earth, and A World Where Girls Have The Same Opportunities As Boys.  Led by the consultants at McKinsey & Co., summit participants will also take part in interactive brainstorming sessions, focusing on different structural approaches to philanthropy to make a lasting impact.

Matt Damon, Co-Founder, Water.org and WaterEquity, and Gary White, Co-Founder & CEO, Water.org and WaterEquity, receive the Forbes 400 Lifetime Achievement Award for Social Entrepreneurship

Eli Broad, Founder, The Eli and Edythe Broad Foundation, is presented the Forbes 400 Lifetime Achievement Award for Philanthropy

During the summit’s special lunchtime program:

  • Matt Damon, Co-Founder, Water.org and WaterEquity, and Gary White, Co-Founder & CEO, Water.org and WaterEquity, receive the Forbes 400 Lifetime Achievement Award for Social Entrepreneurship.

"When Forbes gathers the philanthropists in 2117,” said Matt Damon. “We can make them wish they’d been here at this moment—our moment—when we had a problem of this magnitude to solve, and had the ideas… and the resources… and the courage to solve it in our lifetime.”

"We are deeply honored to receive this prestigious award,” said Gary White. “It was extraordinary to be able to engage with some of the greatest minds of our time and share a pathway to solve one of the world's greatest issues, in our lifetime."

  • Moira Forbes, Executive Vice President, Forbes Media, and Publisher, ForbesWoman, presents Eli Broad, Founder, The Eli and Edythe Broad Foundation, with the Forbes 400 Lifetime Achievement Award for Philanthropy.

“It’s an honor to receive from Forbes the Lifetime Achievement Award for Philanthropy and join the incredible group of past recipients like Bill and Melinda Gates and Warren Buffett,” said Eli Broad. “My wife Edye and I are grateful for each day that we have been able to spend giving back. We hope efforts like Forbes’ Philanthropy Summit and this award will inspire others to do the same.”

Forbes magazine will feature highlights from the sixth annual Forbes 400 Summit on Philanthropy this November as part of its special Philanthropy issue.

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About Royal Bank of Canada

RBC Wealth Management is one of the world’s top five largest wealth managers*. RBC Wealth Management directly serves affluent, high net worth and ultra high net worth clients globally with a full suite of banking, investment, trust and other wealth management solutions, from our key operational hubs in Canada, the United States, the British Isles, and Asia. The business also provides asset management products and services directly and through RBC and third party distributors to institutional and individual clients, through its RBC Global Asset Management business (which includes BlueBay Asset Management). RBC Wealth Management has C$874 billion of assets under administration, C$596 billion of assets under management and 4,780 financial consultants, advisors, private bankers, and trust officers. For more information, please visit www.rbcwealthmanagement.com.

*Scorpio Partnership Global Private Banking KPI Benchmark 2017. In the United States, securities are offered through RBC Wealth Management, a division of RBC Capital Markets, LLC, a wholly owned subsidiary of Royal Bank of Canada. Member NYSE/FINRA/SIPC.

About HNA

HNA Group is a global Fortune 500 company focused on tourism, logistics, and financial services. Since its founding in 1993, HNA Group has evolved from a regional airline in China into a global company with an international workforce of 410,000 employees. HNA is committed to making the world a better place for everyone and established the Cihang Foundation in 2010 to further its philanthropic endeavors and maximize its efforts in corporate social responsibility.

About McKinsey & Company

McKinsey & Company is a global management consulting firm, deeply committed to helping institutions in the private, public and social sectors achieve lasting success. For 90 years, our primary objective has been to serve as our clients' most trusted external advisor. With consultants in over 110 locations in over 60 countries, across industries and functions, we bring unparalleled expertise to clients anywhere in the world. We work closely with teams at all levels of an organization to shape winning strategies, mobilize for change, build capabilities and drive successful execution.

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Crystal Kwok at ckwok@forbes.com