Posts tagged to 'Donor intent and legacy statements'
by Alan Fox
on May 17, 2016
We live in a world of growing income disparities, human rights violations, increasing environmental concerns, political instability and ongoing global threats and atrocities. We will never have an impact on these issues until we enlist the help of those who will be 60 years old in 2071. Yes, I’m talking about the five-year-olds of today.
by Learn Foundation Law
on May 13, 2016
Learn Foundation Law is a free resource for online trainings and tools related to the basic legal rules for private foundations.
by Tony Macklin
on May 5, 2016
Philanthropy is often described as society’s “risk capital.” Our generosity can support causes and ideas that business and government agencies cannot or will not. We can use our resources to inspire new ideas, challenge existing thinking, or continue supporting an organization when others won’t. However, the idea of risk in philanthropy quickly muddies as we direct our generosity through a family foundation, donor-advised fund, or other collective effort. Our ideas about and tolerance for risk diverge, shaped by individual, family branch, professional, and other experiences.
by Andy Carroll
and Exponent Philanthropy
on April 26, 2016
Acknowledging and talking about power is taboo. We’re uncomfortable with the fact that some wield greater strength and influence, and feel no shame about using it to hold sway over others. In spite of our laws and regulations, our checks and balances, our moral and social norms nurturing restraint and respect, people use power to bend rules, exclude and disenfranchise, distort facts and disseminate misinformation, manufacture fear, and secure preferential treatment.
by Suzanne Hammer
on April 21, 2016
The way to fulfillment in philanthropy—and by and large as a family—is the degree to which you are driven by purpose and shared values. In other words, why you give matters just as much, if not more, than what you give. Whether you are talking about preserving wealth or giving it away, it’s important to be clear on the family and individual values that drive that decision. Yet, how many people have voiced their own values, less held a conversation with loved ones about the values they share? My guess? Not many.
by Virginia Esposito
on April 19, 2016
For much of the 20th century, the vast majority of U.S. foundations operated under the idea that they would be in business forever.
But as a new generation of family philanthropists take over — and families contemplate just how long forever actually lasts and reflect on the present needs in their communities — a growing number are deciding that they would rather grant their assets during a set period of time than manage their endowments in perpetuity.
by Laurel O'Sullivan
and Sonya Campion
on April 11, 2016
Advocacy is the single most effective strategy to achieve social impact. Without advocacy, achieving real social transformation is not possible. It provides both the scale and pathway to implement the solutions foundations fund. Yet there remains a tendency to undervalue and avoid it as a grant making strategy for a multitude of reasons based on misperceptions, fear, and often impatience for quicker results.
by Douglas Bitonti Stewart
on April 4, 2016
In our day-to-day work in family philanthropy, we often worry about ‘what’ we do and don’t often pause to consider the ‘why.’ We spend a lot of time crafting and stewarding our external mission statements to describe the impact we’d like to make in the world with partners and the people inside the issues we hope to face. But perhaps we should also spend some concerted time thinking about the why — asking questions like, "Why is our family involved in philanthropy? What impact do we hope to see in our families through this work?”
by Virginia Esposito
on March 1, 2016
According to the National Center for Family Philanthropy’s recent 2015 Trends Study, nearly 3 in 5 U.S. family foundations engage younger family members in the foundation — and more than 40% say they expect to add to or increase the number of younger-generation family members on their boards in just the next four years. This is an encouraging trend — especially for those of us who believe that these important institutions can have a much greater impact if they can keep the family productively engaged in their work.
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by Suzanne Hammer
on December 2, 2015
In this month's edition of "Ask the Center," we are pleased to share a guest post from Suzanne Hammer, founder of Hammer and Associates, discussing the recent passing of her father: "In the midst of a loved one dying, there are many decisions to be made. There’s paperwork and Power of Attorneys and property. There’s money. There’s final wishes and figuring out what do with all the “stuff.” In my experience, the stress of it all sometimes divided us more than it brought us together. We all wanted the best for our dad, and we each had strong opinions on what “the best” meant to us."