Posts tagged to 'Managing change'
Launching family foundations is often the expression of donors’ desires to establish a lasting legacy and to instill in future generations the importance of giving. But family foundations face certain common pitfalls as well. The RBF is often held up as an example of a family foundation that has weathered these storms successfully. How might the ingredients of its success be described? What lessons can it offer?
by Betsey Russell
on November 10, 2016
Think of millennial philanthropists and you may think instantly of tech royalty like Mark Zuckerberg and Priscilla Chan, Pierre and Pam Omidyar, or Sean Parker, who are very publicly pushing traditional forms of philanthropy aside in favor of new approaches.
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 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.
by Kris Putnam-Walkerly
on January 6, 2016
In 2002, Patrick Lencioni wrote a book called, "The Five Dysfunctions of a Team." It explains the interpersonal aspects of teambuilding in a professional setting and how they undermine success. Although Lencioni’s team is in a fictional company, his lessons also are entirely relevant to grantmakers. We're pleased to share this recent blog post from NCFP Content Partner Putnam Consulting Group on five common dysfunctions that can affect philanthropy generally - and family philanthropy specifically.
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."
by Katherine Lorenz
on September 24, 2015
“The big thing is to not feel rushed, and to look to peers and to experts for advice, and it's not that anyone can tell you everything you need to know, or there's any one person who can lead you through this, but I think the more people you talk to, the more you start to realize what will and what won't work for your specific situation, the specific challenges that you face. And then, to talk all that in the aggregate, and apply it to your own family, and where you are in the process. ”
-- Katherine Lorenz, President, The Cynthia and
George Mitchell Foundation
Source: NCFP September Webinar, Planning for an influx of assets
by Elaine Gast Fawcett
on August 25, 2015
An influx of assets is a powerful transition point in your family’s philanthropy. With rising resources comes the budding potential to do more of what you’re already doing – or, perhaps, to try something new. Either way, additional resources will often provide your foundation with new options for making a difference according to your foundation’s mission.
by Virginia Esposito
on February 25, 2015
For more than two years, I have been researching, interviewing, and thinking about transitions in the life of a family philanthropy. I’ve listened to anyone willing to talk to me about their experiences with philanthropic transitions. Occasionally, I have been on the road speaking about my early findings and impressions. I am delighted that my paper, Family Philanthropy Transitions: Possibilities, Problems, and Potential, is the newest addition to our Passages Issue Brief series and can be found in the Family Philanthropy Online Knowledge Center
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by Caroline Hartnell
on February 25, 2015
At the start of this year, Ridgway White became fourth president of the Mott Foundation, taking over in that role from his father, Bill White, who nevertheless remains actively involved in the foundation. Alliance magazine shares their interview with the new Mott Foundation president about the benefits and challenges of being a placed-based funder with a national and international dimension, and on the need to play to your strengths, while seizing opportunities and being alert to new ways of tackling old problems.