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Family business philanthropy operates at the intersection of family, business and society and is of crucial importance to social goods such as education, health and humanitarian aid around the world. For instance, corporations and foundations in the US, many which are family-owned, donate over US$ 67 billion per year. In the UK, the top 100 family businesses and foundations contribute £908 million per year to societal causes and in Germany, family foundations donate around €490 million every year to philanthropic projects.