{"id":18868,"date":"2017-05-31T21:06:42","date_gmt":"2017-05-31T20:06:42","guid":{"rendered":"https:\/\/travindy.com\/?p=18868"},"modified":"2017-06-01T09:15:12","modified_gmt":"2017-06-01T08:15:12","slug":"philanthropic-investing-for-destination-preservation","status":"publish","type":"post","link":"https:\/\/travindy.com\/news\/2017\/05\/philanthropic-investing-for-destination-preservation\/","title":{"rendered":"Philanthropic investing for destination preservation"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-18855\" src=\"https:\/\/travindy.com\/wp-content\/uploads\/2017\/05\/ExteriorLo-1024x683-300x200.jpg\" alt=\"Philanthropic investing for destination preservation\" width=\"542\" height=\"361\" \/><\/p>\n<p><span class=\"wpsdc-drop-cap\">I<\/span>mpact Investing: How We Can Save Historic Buildings<\/p>\n<p>The\u00a0<a href=\"http:\/\/www.culturamanor.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Cultura Manor hotel<\/a>\u00a0in Quito, Ecuador has won three awards before even opening, with more to come. Kit Carstens helped fund the restoration of this historic mansion, and now he&#8217;s getting bought out. Exactly as planned.<\/p>\n<p>Success in the art of Philanthropic Investing (PI) takes perseverance! Working in conjunction with the then Center for Sustainable Destinations at National Geographic, he coined the term (also known as \u201cventure philanthropy\u201d) in 2009 to form a group of philanthropists who believed in principles of quality travel development through investing, as distinguished from merely donating to local projects, which can be less effective.<\/p>\n<p><strong>This is an excerpt from an article first published by Destination Stewardship Center.<em>\u00a0<\/em>Read the original article here:\u00a0<a href=\"http:\/\/destinationcenter.org\/2017\/05\/philanthropic-investing-destination-preservation\/\" target=\"_blank\" rel=\"noopener noreferrer\">Philanthropic investing for destination preservation<\/a>.\u00a0<\/strong><\/p>\n<hr \/>\n<div class=\"su-service\"><div class=\"su-service-title\" style=\"padding-left:46px;min-height:32px;line-height:32px\"><i class=\"sui sui-envelope-o\" style=\"font-size:32px;color:#333\"><\/i> Subscribe to our weekly newsletter<\/div><div class=\"su-service-content su-u-clearfix su-u-trim\" style=\"padding-left:46px\">[yikes-mailchimp form=&#8221;2&#8243;]<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The project aims to buy a small boutique hotel or ecolodge in a culturally unique region of the world and partner with an experienced local helping qualified hospitality owners to bring the world authentic and unique travel experiences. <\/p>\n","protected":false},"author":133,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,534],"tags":[1835,1364,1933,1698,1885,1250],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Philanthropie investing for destination preservation<\/title>\n<meta name=\"description\" content=\"The project aims to buy a small boutique hotel or ecolodge in a culturally unique 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