Posts tagged to 'Family culture'
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 Richard Russell
and Richard Woo
on February 27, 2017
As a group, family philanthropies put a lot of energy into connecting with our constituents. We do this joyfully because we know that strong, trusting relationships are vital to our success and the communities we serve.
by Lukas Haynes
and Michael Quattrone
on January 13, 2017
Over the past 18 months, the trustees and staff of the David Rockefeller Fund have embarked on a journey to engage a new generation of family trustees and reinvent a 25 year-old family foundation for a new century of philanthropic challenges.
by Beth Nowak
on September 12, 2016
Helping others has not only become a significant part of who my children are and what they choose to do, but it now influences how we interact with each other and where we choose to spend our family time together.
by Kylie Musolf
on September 8, 2016
I’m glad you reached out to ask about family activities. Some people hate icebreakers, but I am so not one of them!
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.
by Yvonne L. Moore
on August 10, 2016
Philanthropy in this country did not begin with the creation of institutions established by oil and steel magnates, or with savvy investors. The origins and forms are numerous, but for me—a Black woman in America—philanthropy is ancient, personal, inter-generationally nurtured, and, quite honestly, expected.
by Judy Sneath
on June 9, 2016
To celebrate his 50th birthday, a Boston-area banker named Abraham "Cap" Ratshesky chose to give a gift to his community by setting aside some of his wealth to create a foundation. A century later, that giving continues.
by David Neal
on May 3, 2016
Racial diversity and inclusion have been central to the grant making strategy at the Z. Smith Reynolds Foundation for decades. In more recent years, the Foundation has deepened its engagement with racial equity. For David L. Neal, a family member and trustee at the Winston-Salem, N.C., family foundation, this focus on equity has been a high priority. Not long ago, however, as he was researching his family’s — and the foundation’s — history, he discovered that its legacy is more complicated than he had once thought.
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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.