Generations of Giving: Transitions in Family Foundations

Posted on September 27, 2006 by Deanne Stone, Howard Muson, Katherine Grady, Kelin E. Gersick, Ph.D., Michele Desjardins

This excerpt from the introduction for Generations of Giving: Leadership and Continuity in Family Foundations, explores the six components of transitions in a typical family foundation, introduced as follows: The overall time span of a transition may be a few months or several years, depending on the type of transition and the complexity of the system. But we believe that… Read More

Andrew Carnegie: The Gospel of Wealth

Posted on October 22, 2002 by Andrew Carnegie

Long accustomed to the excesses of the robber barons of industry, the American public was startled in 1889 when one of the wealthiest men in the nation — and in the world — issued his great manifesto, “The Gospel of Wealth.” Powerfully influenced by his strict Scottish Presbyterian heritage, Andrew Carnegie urged rich people to give their money away, or at least most of it, and to base their philanthropy on their religious faith… Read More

The Schustermans: A Jewish Family’s Expressions of Faith and Philanthropy

Posted on October 21, 2002 by Lynn Schusterman

This personal account from ‘Faith and Family Philanthropy’ describes the fascinating journey that the author and her husband took in discovering their own faith while rediscovering their family roots and Hebric religious traditions. ‘Jewish law dictates that if there is a choice between assisting members of your family and helping citizens of your town, your family takes precedence. The priority… Read More

Dr. Mohammed Murtaza Arain: A Muslim Family’s Expressions of Faith and Philanthropy

Posted on October 21, 2002 by Lester A. Picker

This case study from ‘Faith and Family Philanthropy’ describes the of Mohammed Murtaza Arain, M.D., a well-respected Chicago surgeon. For Dr. Arain and his family, it all begins and ends with the Qur’an. Whether welcoming the new day or making decisions about his personal philanthropy, the Holy Qur’an provides a roadmap that guides their life and actions. ***** Righteousness does… Read More

Family Foundations: High Risk, High Reward

Posted on July 29, 1999 by Paul Ylvisaker

Foundations are a remarkable human invention. They provide private persons a free-wheeling opportunity to be socially and publicly influential. Without having to meet the tests either of the market or the ballot box, private persons can independently determine what the needs of society are and how best to go about meeting them… Read More

Paul Ylvisaker: Ethics and Philanthropy

Posted on July 26, 1999 by Paul Ylvisaker

This chapter is excerpted from “Philanthropy: The High Estate,” part IV of Conscience & Community: The Legacy of Paul Ylvisaker, which was edited by NCFP Founder and President Virginia Esposito and published by Peter Lang Publishing in 1999. Questions addressed in this chapter include: Is there an ethical requirement to give, and if so, how mucb, and in what form?… Read More