Posts tagged to 'Value of family in philanthropy'

I am Family Philanthropy: Maya Patel

Posted by National Center for Family Philanthropy on September 13, 2016

Maya Patel, President of The Tarsadia Foundation, reflects on how philanthropy has brought her family closer together through a variety of domestic and international site visits and volunteer opportunities.

Gratitude and humility in philanthropy; from a story, to a value, to action

Posted by Douglas Bitonti Stewart and Julie Fisher Cummings on September 6, 2016

The importance of documenting the ethos of our founders is well known in family philanthropy. Authors and leaders throughout the field have published articles and tools (e.g. Grandparent Legacy Project) aimed to help families ask questions to elicit the core values of our founders. These values are the backbone of our work. And when we are able to connect our founders’ values to real-life stories, it can have a profound impact on our families and those we serve.

A change in family dynamics signals a shift away from place-based giving

Posted by Virginia Esposito on July 4, 2016

Today’s philanthropists, however, are likely to be less connected to place. The modern economy is built less on geography and more on technology – and many of those who are earning wealth are doing so in a global marketplace.

Giving as a family: My family's use of a donor-advised fund through our community foundation

Posted by Rosie Abriam on June 21, 2016

A donor-advised fund (DAF) provides the donor(s) the opportunity to provide a tax-deductible gift to benefit the organizations and issues that the donor(s) care about most. Working with the community foundation has been great for our family because they provide management and support including handling the paperwork attendant to tax-deductions.

5 questions to help you align your giving values and practices

Posted by Virginia Esposito on June 1, 2016

Today, the practice of philanthropy is under continuous review – and not just by our critics or those who look suspiciously at big endowments. Those who want the very best for our field and the greatest impact for our work are also looking beyond why we give to examine the how.

To make a difference, family philanthropy must take more risks

Posted by Katherine Lorenz on May 24, 2016

Many of us in family philanthropy are driven by a grand vision of a better world. We are motivated by bold ideas, and finding ways to use our philanthropy to make a difference and leave a lasting impact. And, at the same time, we are too often hamstrung by a fear of failure.

The world belongs to our children

Posted 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.

Free legal training: Electioneering rules for private foundations and public charities

Posted 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.

Expanding your comfort zone: 5 windows into risk in family philanthropy (Passages excerpt)

Posted 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.

Giving circles: A tool for engaging youth in giving

Posted by Huong Nguyen- Yap on April 29, 2016

We often hear that young people are the leaders of tomorrow. But what if we started to think about them and support them to be leaders today? What does that mean and how would it look? Philanthropy gives us an opportunity to work with youth on developing life skills such as decision-making, collaboration and, more importantly, empowering youth as leaders in their communities. Engaging youth in philanthropy gives them the ability to make decisions that impact their lives, their communities, and society as a whole.

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