From NCFP, Effective Family Philanthropy in Action

Improving Philanthropic Practice by Prioritizing Reflection & Learning

Posted on February 6, 2024 by Emerald Adeyemi, Don Chen

Family philanthropy done well can achieve lasting and meaningful change in the world and within the families themselves. To be effective, NCFP believes funders must employ four principles: accountability, equity, relationships, and reflection and learning. Despite being essential to impactful funding, a commitment to reflection and learning is often the first practice to be left behind when the day-to-day is… Read More
Effective Family Philanthropy in Action

How PRIs Can Help Maximize Impact and Approaches for Getting Started

Posted on December 5, 2023 by Mary Ann Weiss

In 2018, Mary Ann Weiss wrote a post for NCFP about program-related investments (PRIs), their advantages, and the barriers to using them. Since then, the philanthropic landscape has shifted and Mary Ann has built her own experience with PRIs. Learn more about use cases for PRIs and how to get started using the tool to amplify your impact. In the… Read More
Effective Family Philanthropy in Action

Collectively Reducing Nonprofit Burden through Data Standards

Posted on October 24, 2023 by Aleda Gagarin

As more and more funders request demographic data from their nonprofit partners to ensure that they are funding equitably, grantee burden to provide the data has increased. In an effort to centralize data and mitigate grantee burden, Candid’s data1x initiative has introduced Demographics via Candid. To understand the makeup of the nonprofits they support, individual funders increasingly request demographic information… Read More
Effective Family Philanthropy in Action

How to Interrupt the “Vicious Cycle of Inherited Wealth:” A Conversation with Iris Brilliant

Posted on October 17, 2023 by Britt Benavidez, Iris Brilliant

Vicious cycle of arrows in a circle
For wealth inheritors, having access to a large sum of money they did not earn is a privilege, but often comes with mixed emotions and a deep sense of responsibility. Acknowledging and building a healthy and transparent relationship to wealth can help improve personal and family relationships, deepen connections in community, and ultimately promote greater, and more equitable redistribution of… Read More
From NCFP, Effective Family Philanthropy in Action

The Benefits—and Challenges—of Adding an Equity Lens to Philanthropy Practices

Posted on October 10, 2023 by Diana Tyler Heath, June L. Wilson

Philanthropy is rooted in and continues to operate within inequitable systems and structures. Philanthropists have long sought to address these inequities in their grantmaking, and in recent years many have begun to examine how they can further address inequities in their practices. At NCFP, we see equity as a core principle of effective family philanthropy. We believe that equity begins… Read More
Effective Family Philanthropy in Action

Fostering Connection for More Effective Philanthropy

Posted on October 2, 2023 by David Weitnauer

Colleagues collaborating and laughing around a table
NCFP Distinguished Fellow David Weitnauer notes the importance of personal connection among family, board, and staff members in the context of their philanthropy and introduces his research on the concept of giving related. In the drive to improve our philanthropy practices and contribute to greater impact, we often overlook the very characteristic that sets our field apart: family ties. Cultivating… Read More
Effective Family Philanthropy in Action

Family Foundation Finds Focus in Grantee Relationships

Posted on August 31, 2023 by Prentice Zinn

Growing plant put into focus by a magnifying glass
In recent years, GMA Foundations has worked with the Celia Lipton Farris and Victor W. Farris Foundation to define and hone its grantmaking focus. The process involved deep listening and learning and strengthened grantee relationships.  Cohesive family giving across geography and generations is patient work. Trustees’ willingness to listen to one another and to invest time in grantee relationships translates… Read More
Effective Family Philanthropy in Action

The Power of a Learning Journey

Posted on August 28, 2023 by Christine Sherry

Aerial view or car driving on winding road through a forest
Family philanthropy benefits enormously from continuous inquiry. But it can be challenging to identify paths to deepen knowledge, explore new ideas, and ultimately, build a culture of curiosity. Embarking on a learning journey—a series of experiences designed to better understand your role in the funding landscape and how to improve your work—can be a creative and inspirational way to promote… Read More
Effective Family Philanthropy in Action

It’s Time To Retire The Term “High Net Worth”

Posted on August 3, 2023 by Stephanie Ellis-Smith, Nancy Reid

Person opening a door
Phila Engaged Giving’s Stephanie Ellis-Smith and Nancy Reid outline the benefits of changing “worth” to “wealth” in the term “high net worth.” This piece was originally published by Phila Engaged Giving and is re-published here with permission. Here’s something radical for you to consider: let’s retire the phrase “high net worth” (HNW), and the even more obnoxious, “ultra high net worth”… Read More
From NCFP, Effective Family Philanthropy in Action

Freedom & Effectiveness Through Accountability

Posted on July 28, 2023 by Miki Akimoto, Ashley Blanchard

Because a body of men, holding themselves accountable to nobody, ought not to be trusted by anybody. – Thomas Payne It should go without saying that families who embark on philanthropy together have good intentions—to give back to  communities where families live and have made their wealth, to make a difference in the world, and to provide a place where… Read More