This article tells the story of the Newmans, a family looking to make the jump from successful family business to effective family philanthropy. Employing the Horak and Kuhn Founders Legacy model, the Newmans clarify their values and then consider the questions of perpetuity, giving vehicles, and management. As the story demonstrates, such a period of thoughtful inquiry prior to forming a foundation helps avoid the problems that have befallen others.

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