Encouraging young philanthropists, part two

Posted by Kevin Laskowski on January 15, 2008

Last month’s Family Giving News tackled the question of how today’s giving families encourage children to be generous. This month’s issue asks: how can charitable children become effective family philanthropists? How does a family prepare the next generation for possible roles as board members, fund...

The voices of family philanthropy

Posted by Virginia Esposito on January 15, 2008

It’s January and the New Year is still young enough to leave most of us feeling invigorated by its possibilities. I think of possibilities when I think of New Year’s resolutions, but I’m not sure that is the prevailing attitude. Somehow, resolutions have come to stand for all the things we didn’t do...

The Efroymson family fund: Commitment to community

Posted by Kevin Laskowski on December 18, 2007

Jacob and Minnie Efroymson moved from Evansville, Indiana to the relatively young state capital of Indianapolis in 1872. The couple opened a small dry goods store on South Meridian Street, unaware they were beginning a family commitment to the city that would last for generations.

Geographic dispersion

Posted by National Center for Family Philanthropy on December 15, 2007

Q: My family’s foundation has traditionally given in New England and continues to support nonprofits there, but family members live all around the country. How do we keep people engaged? A: As today’s families are more mobile than ever, geographic dispersion has become a crucial issue for family...

Encouraging young philanthropists, part one

Posted by Kevin Laskowski on December 15, 2007

The holidays are a time of celebration, sharing, and enjoying the company of family and friends. They’re also a time of advertising, doorbuster sales, and conspicuous consumption. For families concerned about raising charitable children, the holidays can represent a challenge as well as a great...

Looking to the past and the future for lessons

Posted by Virginia Esposito on December 15, 2007

It must be December because I am making a list and checking it twice – of all the things I promised myself I would do this year and have yet to accomplish. Taking stock is a healthy and disciplining exercise. It is also humbling and instructive. This December, I am learning new things about assessment,...

The Dexter F. and Dorothy H. Baker foundation

Posted by National Center for Family Philanthropy on November 15, 2007

Clarifying the founders’ intent is an issue very close to the heart of many philanthropic families, but this concern took on special urgency for the Dexter F. and Dorothy H. Baker Foundation of Allentown, Pennsylvania. Founded in 1986, the $17-million family foundation is located in Lehigh County where...

Creating an effective grant agreement

Posted by Kevin Laskowski on November 15, 2007

For most of its fifty-year history, the Dyson Foundation didn’t use grant agreements. The Millbrook, New York-based family foundation was concerned the contract-like letters of agreement between grantmaker and grantee would make the foundation too formal and bureaucratic. “We started using them some...

Discretionary grants

Posted by National Center for Family Philanthropy on November 15, 2007

Q: We were thinking of creating a discretionary grant policy where each board member could make some grants in their own areas while keeping the majority of the foundation’s grantmaking in our parents’ home state. How many other families do this and is this a good idea? A: Many family foundation boards...

Gratitude and generosity

Posted by Virginia Esposito on November 15, 2007

November is a very special month for those involved in philanthropy. We set aside time to honor our traditions of gratitude. For many of us, gratitude and the chance to give back ranks high among the values that motivate our giving and volunteering. We are grateful for our own blessings and we...

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