11/7/05

Giving Back A Beatle's Work

The wife and son of the late Beatle George Harrison have given $1 million to UNICEF to create a new fund to aid children who are victims of wars, natural disasters and other emergencies.
UNICEF, a nonprofit agency of the United Nations that focuses on children, will collect and distribute the money raised for the fund, named for Mr. Harrison.

The money donated to the new fund by Olivia Harrison, 58 years old, and her son, Dhani, 27, came from the private Material World Charitable Foundation, which Mr. Harrison created in 1973.

Ms. Harrison says that shortly before his death from cancer in November 2001, her husband told her he was frustrated because he wouldn't have enough time to finish planning his philanthropy. "He was very specific that he wanted his legacy to benefit others in the form of giving away money," says Ms. Harrison. "But when your health is failing, you're dealing with things day-to-day." She says she told her husband that he would have to trust her.

[Brief of article by Elizabeth Bernstein, The Wall Street Journal]

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