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In 1981, a score of well-to-do twentysomethings congregated in Estes Park, Colorado for a new-age pow-wow on how to use their inherited wealth toward social good. They called themselves the Doughnuts. The gathering was organized by Joshua Mailman, son of famed New York philanthropist and investor Joseph L. Mailman. "We were part of the generation of people interested in meditation, Buddhism, Shamanism, rainbow gatherings, and Burning Man," he tells Fast Company. "It was a mystical, non-western way of looking at the world."

Today, Mailman has moved beyond the Doughnuts to become a veteran angel investor and philanthropist through three organizations he founded: the Threshold Foundation, the Social Venture Network, and Serious Change.

To read the full, original article click on this link: Doughnuts to Dollars: How a Business Scion's Son Went From Burning Man to Angel Investing | Fast Company

Author: Lisa Katayama