Giving motivations, interests, and identity

One of the most important moments in the life of a family’s philanthropy is when those who are currently managing the efforts formally welcome members of the next generation—or generations—into the work. At any stage this process requires careful planning, but formally doing so when they are adults can be particularly complex. It can come with myriad challenges, but also… Read More

For many, family philanthropy presents an opportunity to create a shared experience, unifying the family by working together toward a lasting legacy of impact. Family philanthropy can also give participants an opportunity to explore and cultivate their personal—and sometimes separate—philanthropic passions. There can be an inherent tension between these two goals, and many families struggle with how to address it—especially… Read More