Related Reading

Where's The Horizon: Giving While Living, Defining the Endpoint, or Endowing for Perpetuity 2004 How long should a giving program or foundation last? Is it best for donors to distribute their all philanthropic resources in their lifetime? Or should a giving program or foundation be established with a defined goal and endpoint, whether it's 10, 20 or 30 years? Or is it most effective to endow a foundation that will have permanent giving capacity? Each option has strong proponents, along with clear advantages and distinct drawbacks, and this issue of Linkages examines these three different philosophies.

Establishing Your Intent 2001 Whether you have specific goals for your philanthropy based on clear values or not, this chapter from 'Living the Legacy' addresses important issues and questions that a new donor should consider when establishing a family foundation. A donor's long-term charitable legacy may not always be administered in the manner originally intended. Provided here are suggestions for how to anticipate and provide direction for future generations of your family's philanthropy.

Family Values, Family Philanthropy 2001 The techniques that families use to pass values from one generation to the next are critical elements in ensuring a healthy charitable future. There is intrinsic value in having conversations about the personal and shared values of the family. How do families contribute to shaping the values of the individual members as well as the values of the whole family? This chapter from 'Living the Legacy' looks at these and other issues.

Legacy: The Helping Hand of Family Philanthropy (Article) January 2002 It's important to attend to family foundation legacy or it will be forgotten. Stories and formal legacy statements preserve a 'usable' past while renewing values for the future.