Tough love

The learning curve of a philanthropist, the Bentalls are discovering, is expensive. “It’s so much easier to make money than it is to give it away,” Bob Bentall tells me. Bentall, a multimillionaire and former CEO and chairman of the Bentall Corp., is 85. He has been trying for over 20 years to give away his income but often gathers more than the $3 million the Cedar Foundation can shovel out annually.

The foundation, run out of a stylish 12th-floor office in (where else?) Bentall Centre’s fourth tower, will spend a planned total of $100 million over 35 years. more...

BCBusiness, winner of the 2007 BC/Yukon Magazine of the Year, is British Columbia's foremost business authority and the most widely read business publication in the province. As the interactive web companion to BCBusiness magazine, BCBusiness Online is your source for practical business information and thought-provoking commentary. The site is designed to encourage online exploration of our top stories in addition to unique web content, such as podcasts, video, blogs, slideshows, and more. The site is fully searchable.
© 2008 Canada Wide Media Limited