Grantmaking Programs

Posted on February 18, 1999 by Deanne Stone

With assets of $25 million, the Durfee Foundation currently allocates approximately$1 million a year in grants. The programs it supports reflect the personality and values of its founder, Stan Avery. Ironically, the grantrnaking philosophy and practices initiated by the second generation and fleshed out by the third generation capture Stan’s spirit in ways that his own grantrnaking never did. An… Read More

The Family Foundation

Posted on February 18, 1999 by Deanne Stone

The family foundation Stan and Dorothy Avery founded in 1960 was originally called the Avery Foundation and, in the early years, served as a pass-through foundation. After Dorothy Avery’s death in 1964, half of her stock in the Avery Corporation was given to the foundation. At the time, the one million shares of stock had a market value of about… Read More

R. Stanton Avery

Posted on February 18, 1999 by Deanne Stone

By all accounts, R. Stanton Avery was a gentle man. His family remembers him as down-to-earth, soft-spoken, a good listener, and unfailingly polite – traits not usually associated with the entrepreneurial personality. The inventor of the first commercially feasible self-adhesive label machine, Stan founded Avery International which, since merging with Dennison Manufacturing Company in 1990, is known as Avery Dennison… Read More

Family Foundation Staffing Models

Posted on October 28, 1997 by Alice Buhl, Judith K. Healey

Family foundations generally use a variation of four models in planning the management of their organization – the administrator, consultant, director, or family staff model (or some combination). All of these models are effective, depending on what is important to the family. This sidebar describes the strengths and possible disadvantages of each of these four management models… Read More

Not in the Family

Posted on June 4, 1995 by Deborah A. Brody

While families can't choose their relatives, they do choose non-family trustees. It's quite common for family foundations to have at least one board member who is not a family member. … Read More

Who’s on the board? – What Constitutes Board Eligibility Among Changing Definitions of “Family”

Posted on August 4, 1993 by Deanne Stone

Like it or not, there is no longer a common definition of "family" for foundations to follow. In many family foundations, the issue of spouses' participation on the board never comes up. It is simply understood that anyone who marries into the family can be considered for board membership. But in other foundations, setting policy regarding spouses is a source of emotional turmoil that pits one family member against another." Explore the definition of "family" and examine board eligibility regarding spouses and live-in partners in this article. … Read More