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In our day-to-day work in family philanthropy, we often worry about ‘what’ we do and don’t often pause to consider the ‘why.’ Perhaps we should also spend some concerted time thinking about the why — asking questions like, "Why is our family involved in philanthropy? What impact do we hope to see in our families through this work?”… Read More

Family philanthropy has been at the heart of the community foundation field since its inception. In 1914, Frederick H. Goff and his family created the first community foundation in Cleveland, Ohio.  Since then, tens of thousands of families, individual donors and corporations—many of them family businesses—have helped to launch, sustain, and grow the more than 700 community foundations that exist… Read More

In days of scarce resources and seemingly endless philanthropic choices, family foundations and funds can frequently feel overwhelmed by options and unsure where to best place their philanthropic bets.  Many funders wisely choose a focus area for funding, and then proceed to investigate—or be approached by—any number of apparently worthy organizations to support within that field. Most frequently, the questions… Read More

Editor’s Note: This article is excerpted from NCFP’s CEO Guide, Performance Review: The Complete Guide to Evaluating the Family Foundation CEO. In a 2010 interview study of 60 family foundation chief executives by National Center for Family Philanthropy President Virginia Esposito, most told her they do not receive a formal performance review by their board. But when NCFP interviewed board… Read More

In an ongoing salvo in the decades-long debate surrounding program and general operating support, a 2007 report from the National Committee for Responsive Philanthropy charges: The grantmaking practices of a significant part of the foundation sector may be crippling small community-based and other nonprofit organizations because of one significant factor—the unwillingness of most foundations to provide general operating support to… Read More

Among all the challenges that family philanthropies of all types face, giving families increasingly find themselves struggling with geography. In 2000, the National Center for Family Philanthropy and the Foundation Center found that the grants of a vast majority of family foundations were committed to a city, state, or region; only 7.8% of family foundations were classified as national or… Read More

The loss of a loved one is difficult for any family to bear, and the desire to celebrate and honor his or her life and accomplishments is natural and common. For philanthropic families, if the lost family member has played a significant role in their giving, grief and sadness can be coupled with some confusion or uncertainty about the state… Read More

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 enjoyable than you thought possible. By taking time to think through why, when,… Read More