National Center for Family Philanthropy

Common Decision-making Dilemmas

Posted on June 10, 2021 by Ann Shulman

This is an excerpt from Demystifying Decision Making in Family Philanthropy. Do any of these common decision-making dilemmas sound familiar to you or your family foundation board? One board member, often a founder or parent, wields more influence than the others, but the influence is not explicitly acknowledged; Board members go along with a vote just to get the decision over… Read More

Decision Making when Founders are Present

Posted on June 9, 2021 by Ann Shulman

This is an excerpt from Demystifying Decision Making in Family Philanthropy. Founders accustomed to making their own decisions in a business setting may bring unilateral decision-making to the foundation, often using it inappropriately. Founders may think of the foundation as “theirs” and feel impatient with or dismissive of group decision-making. At the same time, they genuinely want family members to… Read More
Voices from the Field

Legacy in Family Philanthropy: A Modern Framework

Posted on May 20, 2021 by Janice Simsohn Shaw

Courtesy of Monstera From Pexels This blog post is excerpted from NCFP’s new report Legacy in Family Philanthropy: A Modern Framework Historically, legacy in family philanthropy has been considered from a retrospective point of view. From an external vantage point, legacy has often been seen as the sum philanthropic impact of a family, the culmination of its efforts. That is,… Read More

Legacy in Family Philanthropy: A Modern Framework

Posted on May 16, 2021 by Shira Saperstein, Janice Simsohn Shaw

Adult hand holding child's hand - legacy
Legacy is a fundamental consideration in the practice of effective family philanthropy, yet it remains one of the most ambiguous and often overlooked concepts in our field. Many families approach legacy with a retrospective lens—one that reflects on a philanthropic effort across a number of years or even generations. However, legacy is emergent and iterative. It ought to be considered… Read More

Learning from Each Other: The Dyson Foundation

Posted on January 5, 2021

Note: The following are excerpted from essays written by Anne E. Dyson, M.D. and Robert R. Dyson; they were originally published in the 1996 and 1997 annual reports for The Dyson Foundation and re-released in 2001 as part of NCFP’s Living the Legacy guide. Celebration of a Life: From the 1996 Report He left quite a mark on this world,… Read More

Honoring the Founder: The Meyer Memorial Trust

Posted on January 5, 2021

Note: This essay was written by Charles S. Rooks and originally published in the Meyer Memorial Trust Annual Report, 1994-1995); it was re-released in 2001 as part of NCFP’s Living the Legacy guide. The 1994-95 Fiscal year was the last one in which the Trust was governed by its original five trustees. In May, slightly over 13 years after the… Read More

An Introduction to Trustee Education for Family Foundations

Posted on January 5, 2021 by Katherine Tyler Scott

Note: This article was written and released in 2001 as part of NCFP’s Living the Legacy guide. A Rich Tradition of Service: Volunteer Leadership for The Public Good Americans have established a deep, rich tradition of volunteerism. From the Pilgrim’s Social Compact of 1620, which emphasized government based upon consent and “care for each other’s good,” to the present day… Read More

Honoring the Donor: The Conrad N. Hilton Foundation

Posted on January 5, 2021 by Deanne Stone

Note: This case study was written and released in 2001 as part of NCFP’s Living the Legacy guide; current circumstances at the foundation may be different than described here. Conrad Hilton was an unusual family foundation founder. He set up a foundation in middle age and, although he lived for almost another half century, he never served on the board… Read More

Early Days: The Heisley Family Foundation

Posted on January 5, 2021 by Howard Husock

Note: This case study was written and released in 2001 as part of NCFP’s Living the Legacy guide; current circumstances at the foundation may be different than described here. With these goals in mind, Heisley, in December 1996, incorporated the Heisley Family Foundation, which he hoped would be “a vehicle which I could use to help bring my family together… Read More

A Family Legacy of Individual Initiative: The McKnight Foundation

Posted on January 5, 2021 by Deanne Stone

Note: This case study was written and released in 2001 as part of NCFP’s Living the Legacy guide; current circumstances at the foundation may be different than described here. McKnight was chairman of the 3M Company (Minnesota Mining and Manufacturing). He was credited for developing the corporate culture that propelled the phenomenal growth and transformation of the company from a… Read More

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