Posts tagged to 'Succession'

The Tecovas foundation

Posted by National Center for Family Philanthropy on June 18, 2008

A family foundation writes a new chapter of the family legacy after the deaths of its generous founder and two family trustees. “I grew up in Cleveland, Ohio, went to Kent State University, and majored in history and political science,” says 25-year-old Mary Galeti, Vice Chair of the $11-million...

Minimum age for board

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

Q: We want to involve a new generation in the foundation. At what age should we welcome new board members? A: Family boards often agonize over what the minimum age for board members should be. Older family members worry which groups, branches, or people will be included or excluded....

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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