A former employer of mine has reached out and asked me to help him set up a new family foundation. Prior to now he has been giving around the kitchen table and now he would like to engage his family in a more formal way by possibly creating a family foundation. Can NCFP help us with this journey we are about to begin?
Thanks for reaching out to the National Center for Family Philanthropy in this most exciting time. Starting a foundation can be a time for deep reflection, joy, and connection; which is why we love our work so much! NCFP provides a number of services and resources to help folks in every stage of their giving journey. We’ve found that philanthropists in our network really value this work because we don’t push any agendas about giving vehicles, grantmaking areas, or strategies. We offer a lot by way of resources to help folks determine their giving goals and priorities and it seems like that work might be something you’d be interested in. Linked below are a few free resources you may be interested in.
Donor Decisions: Choosing your vehicles for family philanthropy: Depending on your vision and goals, you have many choices available to you for establishing a family philanthropy. This brief slideshow introduces several of the most commonly used vehicles for family philanthropy.
Getting Started: Family Giving Considerations Worksheet: This simple worksheet provides 8 basic considerations that donors should ask themselves and their family members.
Your philanthropy roadmap: This brief guide offers an overview of issues that philanthropists may want to consider as they create their own giving strategies.
These three resources are part of a short series of free resources that we offer to philanthropists outside of our network. We have more than 2,000+ resources in our collection, including 150+ webinars, research reports, case studies, and sample policies from foundations in the network. This collection, our Knowledge Center, is the largest, most comprehensive family philanthropy resource library in existence. We also offer unparalleled connection to donor peers, advisors, and consultants who can support your journey. If any of this interests you, I’d suggest that you take a look at the cost and benefits of joining our Friends of the Family network.
Finally, I’d also strongly suggest that you consider purchasing Splendid Legacy 2: Creating and Re-Creating Your Family Foundation; it’s the definitive guide to starting the journey into family philanthropy and it covers pretty much everything you need to know to get started.