Contributions

Generations of Giving: Leadership and Continuity in Family Philanthropy (Interim Report)

Posted on February 4, 2003 by Kelin E. Gersick, Ph.D.

Philanthropy is sailing into a new, uncharted era in North America, and family philanthropy is at the prow. Private charitable giving in 2000 topped $212 billion in the United States, an all-time record. At the same time, the number of new private foundations more than doubled from 1987 to 2001, with more than 6,000 new foundations created in 2000 alone… Read More

Opportunity of a Lifetime: Young Adults in Family Philanthropy

Posted on October 4, 2002 by Alison D. Goldberg

This Passages Issue Brief addresses one of the most important opportunities in family philanthropy – encouraging young adults to take part in the family’s giving process and to become philanthropic in their own right. What are the reasons that families involve young adults? And what can young adults themselves do to become more connected to the family’s philanthropy?… Read More

Philanthropy Across Generations — Profile of the Flora Family Foundation

Posted on June 8, 2002 by Synergos Institute

One of the most frustrating aspects of foundation work is the frequency with which worthy causes have to be turned away, often for no other reason than that they don’t fit the foundation’s specific mandate. In just four years, though, the children and grandchildren of the late William Hewlett, co-founder of Hewlett-Packard Company, and his late wife, Flora, have created… Read More

Supporting Organizations: Options, Opportunities, and Challenge

Posted on November 5, 2001 by Jason Born

Supporting organizations are flexible and entrepreneurial vehicles for family philanthropy. Families who know the specific causes they wish to support, and who are comfortable sharing control of their grantmaking with publicly appointed board members, may well find supporting organizations to be the most appropriate option for their philanthropic goals. Families seeking to support the programs and goals of a specific… Read More

At the Crossroads: a Lost Opportunity

Posted on October 5, 2001

Developing a donor legacy statement can be a difficult and emotional process. This is particularly true when the donor knows that his wishes may conflict with those of his heirs. Stan Alexander, founder of the $75-million Alexander Foundation, inherited a large part of his wealth from his father, Joseph, a businessman and politician with a life-long interest in primary education… Read More

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