Case Studies

The Educational Foundation of America

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

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. “Let our money managers make money any way they can because you’ll have more to give away.”… Read More
Featured Article

Encouraging Young Philanthropists, Part Two

Posted on January 15, 2008 by Kevin Laskowski

Last month’s Family Giving News tackled the question of how today’s giving families encourage children to be generous. This month’s issue asks: how can charitable children become effective family philanthropists? How does a family prepare the next generation for possible roles as board members, fund advisors, or philanthropic donors in their own right?… Read More
From the President's Desk

The Voices of Family Philanthropy

Posted on January 15, 2008 by Virginia M. Esposito

It’s January and the New Year is still young enough to leave most of us feeling invigorated by its possibilities. I think of possibilities when I think of New Year’s resolutions, but I’m not sure that is the prevailing attitude. Consequently, resolutions tend to be reflections of regrets and guilt — no wonder they are forgotten by mid-January… Read More
Ask the Center

Geographic Dispersion

Posted on December 15, 2007 by National Center for Family Philanthropy

Q: My family’s foundation has traditionally given in New England and continues to support nonprofits there, but family members live all around the country. How do we keep people engaged? A: As today’s families are more mobile than ever, geographic dispersion has become a crucial issue for family philanthropists as they try to keep distant family members involved. Consider the… Read More
Featured Article

Encouraging Young Philanthropists, Part One

Posted on December 15, 2007 by Kevin Laskowski

The holidays are a time of celebration, sharing, and enjoying the company of family and friends. They’re also a time of advertising, doorbuster sales, and conspicuous consumption. For families concerned about raising charitable children, the holidays can represent a challenge as well as a great opportunity. “Children are barraged by media messages about how buying things will make them happy,”… Read More
Case Studies

The Dexter F. and Dorothy H. Baker Foundation

Posted on November 15, 2007 by National Center for Family Philanthropy

Clarifying the founders’ intent is an issue very close to the heart of many philanthropic families, but this concern took on special urgency for the Dexter F. and Dorothy H. Baker Foundation of Allentown, Pennsylvania. Founded in 1986, the $17-million family foundation is located in Lehigh County where the Orphans’ Court periodically reviews the foundations established there, and has considerable… Read More
Featured Article

Creating an Effective Grant Agreement

Posted on November 15, 2007 by Kevin Laskowski

For most of its fifty-year history, the Dyson Foundation didn’t use grant agreements. The Millbrook, New York-based family foundation was concerned the contract-like letters of agreement between grantmaker and grantee would make the foundation too formal and bureaucratic. “We started using them some years go, though, with larger grants,” notes the foundation’s Executive Vice President Diana Gurieva. “It really helped… Read More

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