Place-based philanthropy

Posted by National Center for Family Philanthropy on June 15, 2008

Q: What is place-based philanthropy? A: Also called “embedded philanthropy,” this increasingly popular approach to giving emphasizes intimate, active engagement in community change specific to a local community. Embedded philanthropists make a long-term commitment to living and working in a community...

The Butler family fund

Posted by National Center for Family Philanthropy on May 24, 2008

Inspired by a vision of “a world where being low-income does not mean having to choose between housing and food, and where everyone can have faith in our system of justice,” the $11-million, Washington, DC-based Butler Family Fund is an important advocate in the realms of homelessness and criminal...

Perpetuity is a long time

Posted by Kevin Laskowski on May 15, 2008

At this month’s Council on Foundations Philanthropy Summit, foundation representatives from around the world gathered to discuss of one of the hottest emerging issues in family philanthropy: the question of perpetuity. “For most of the history of private foundations, perpetuity was not a much discussed...

Minimum age for board

Posted by National Center for Family Philanthropy on May 15, 2008

Q: We want to involve a new generation in the foundation. At what age should we welcome new board members? A: Family boards often agonize over what the minimum age for board members should be. Older family members worry which groups, branches, or people will be included or excluded....

A community of support

Posted by Virginia Esposito on May 15, 2008

Having recently attended the Council on Foundations’ Summit here in the Washington area, and after having attended more than 25 of these conferences (and countless others) over the years, I’m struck by how much I still learn when the philanthropic world gathers. There are amazing insights to be found...

The Roy A. Hunt foundation

Posted on April 18, 2008

Like many family foundations of its size and age, the Roy A. Hunt Foundation of Pittsburgh, Pennsylvania faces a number of challenges: carrying on an important charitable legacy while engaging a growing geographically dispersed family, and balancing the diverse interests of that family to make grants...

Strategic giving: A balancing act

Posted by Kevin Laskowski on April 15, 2008

Giving families walk a fine line balancing social impact and family unity. With scarce resources and great needs, many families want every grant to have the most impact possible. At the same time, they are collectively engaged in a family enterprise whose members often have diverse interests, live in...

Board compensation

Posted by National Center for Family Philanthropy on April 15, 2008

Q: Should we pay the trustees of our family foundation? A: The National Center for Family Philanthropy neither advocates nor opposes board compensation. We hold the position that any foundation policy or practice, including board compensation, should help the foundation further its mission, values, and...

Spring cleaning- Time to organize your policies and practices

Posted by Virginia Esposito on April 15, 2008

Spring must be here. Washington, D.C. is showing off cherry blossoms and red tulips and my travel schedule has gotten a lot busier. This month I have been invited to speak at a few family foundation retreats and my hosts must all be in “spring cleaning” mode. Everyone seems to be dusting off their...

The Paine family foundation

Posted by National Center for Family Philanthropy on March 15, 2008

I catch up with Carol Paine-McGovern in a fourth-floor conference room in the Smithsonian Museum of the American Indian. Carol’s in town for Foundations on the Hill. 300 philanthropy representatives from 35 states and the District of Columbia have gathered in our nation’s capital for meetings with...

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