Dynastic wealth can hurt children. Can philanthropy help?

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So, I have been reading this article (link below) about how wealthy parents are starting to break away from old family traditions when it comes to raising their kids.  The issue being around a distorted view of the world and their place in it stemming from only being exposed to "the wealthy life style".  As stated in the title, the article goes into how some families are showing their kids the less desirable side of the world to keep things... let's just say balanced.  So, what are your thoughts?  How do you think it can help or destroy young developing minds?  Some wealthy parents didn't inherit worth, they earned, what's the possibility that they just want their children to feel the same gratification?  If that is the case, what's the potential impact of that on children?


http://www.philanthropyroundtable.org/topic/excellence_in_philanthropy/parenting_the_privileged

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