Posts tagged to 'Family culture'

'On-boarding' the next gen: The Durfee Foundation's approach

Posted by Caroline Avery on October 20, 2014

The Durfee Foundation has held many board retreats during its 54-year history, but these have always been for trustees only. In 2014 we decided to do an all-family board retreat and bring together toddlers, teens, trustees and elders. Why the change? Read on...

Susan Packard Orr on the legacy of her parents, David and Lucile Packard

Posted by Susan Packard Orr and Cole Wilbur on May 28, 2014

Editor’s note: the following is reprinted from Living the Legacy: The Value of a Family’s Philanthropy Across Generations, published by the National Center for Family Philanthropy in 1999. In a family foundation there is no question as to the importance of learning from the donors and carrying out...

Four critical elements for generational succession

Posted by Virginia Esposito on February 26, 2014

Dear FGN Readers: The National Center for Family Philanthropy fields hundreds of questions about family giving over the phone, through email, and in person every year.  Thousands more use the Family Philanthropy Online Knowledge Center to search for answers on their own in the thousands of articles,...

Philanthropy Meets the "Always On" Generation

Posted by Susan Crites Price on October 15, 2013

Family and community foundations that want to engage youth in grantmaking need to adapt to  a new generation of kids, many of whom have already gone digital with their philanthropy. Dubbed the “Always On” Generation, today’s young people have discovered they can do good in the world without going...

The educational foundation of America

Posted by National Center for Family Philanthropy on January 15, 2008

Many foundation investment advisors contend it’s best to keep the investment side and the grantmaking side of philanthropy separate. “I hear it all the time,” says John Powers, a board member of the Educational Foundation of America (EFA), a family foundation based in Westport, Connecticut....

Six Simple Steps to a Successful, Stress-free Family Meeting

Posted by Sarah Trzepacz on May 15, 2006

Like so many other things preparation for a family meeting is vital to its success. With a little planning you can orchestrate and carry off a family meeting that accomplishes your philanthropic goals, strengthens your family’s commitment to effective governance of your giving vehicle, and is more...

4 Tips for Building Bonds, Improving Communication, and Encouraging the Next Generation

Posted by Sarah Trzepacz on April 15, 2006

As nice as it would be to believe that a family’s unique dynamic— composed of individual and collective histories, experiences, memories, and modes of communication—remains firmly outside the discussions in which philanthropic decisions are made, the truth is that these factors can influence a family’s...

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