Philanthropy Advisers
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Wealth Management & Private Banking
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Spear’s Review
‘Our purpose, as an organisation, is to be both good bankers and good citizens,’ explains Rennie Hoare, scion of the banking dynasty that began with the founding of C. Hoare & Co. in 1672. ‘The successful combination of these ideals has allowed us to thrive for 11 generations and stands us, we hope, in good stead for many more.’
As a partner of C. Hoare & Co., a previous Spear’s Awards Philanthropy Adviser of the Year and the bank’s head of philanthropy, Hoare has successfully built upon the bank’s foundations, winning widespread recognition for his vision and energy.
‘Discussions about philanthropy are an opportunity for us to hear what motivates customers and to understand their passions,’ he says.
Adviser Profile
‘At C. Hoare & Co., we have always tried to seek out contemporary, innovative ways of responding to societal issues,’ says Rennie Hoare. ‘Through time, we have had a customer base that is massively interested in, and invigorated by, philanthropy, and we have adapted along with our customers to meet emerging needs.’
In 2021/2022, the bank’s charitable trust, the Golden Bottle Trust, donated nearly £3 million to over 300 beneficiaries, while its pioneering donor advised fund, the Master Charitable Trust, has overseen donations of more than £200 million, with a significant increase in giving in recent years. ‘This shows the advantage,’ says Hoare, ‘of having like-minded customers who really step up when it counts.’
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