Blog | Case Studies

The Educational Foundation of America

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
Blog | Featured Article

Encouraging Young Philanthropists, Part Two

January 15, 2008 | 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
Blog | From NCFP

The Voices of Family Philanthropy

January 15, 2008 | 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
Blog | Ask the Center

Geographic Dispersion

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
Blog | Featured Article

Encouraging Young Philanthropists, Part One

December 15, 2007 | 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
Blog | From NCFP

Looking to the Past and the Future for Lessons

December 15, 2007 | Virginia M. Esposito
It must be December because I am making a list and checking it twice – of all the things I promised myself I would do this year and have yet to accomplish. Taking stock is a healthy and disciplining exercise. It is also humbling and instructive. This December, I am learning new things about assessment, the value of heritage and Read More
Blog | Case Studies

The Dexter F. and Dorothy H. Baker Foundation

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
Blog | Featured Article

Creating an Effective Grant Agreement

November 15, 2007 | 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