Passages Issue Briefs

Breaking Up: Division in Family Philanthropy

Posted on May 20, 2022 by Elaine Gast Fawcett

This Passages is part two of a two-part series on divorce and division in family philanthropy, featuring tips for what board and staff can do to plan ahead for potential change. The second part includes stories and advice from those who have been through, or advised, families as they divided their philanthropy. Learn more by reading part one, Breaking Up:… Read More

Breaking Up: Divorce in Family Philanthropy

Posted on February 18, 2022 by Elaine Gast Fawcett

This Passages guide is part one of a two-part series on divorce and division in family philanthropy, featuring tips for what board and staff members can do to prepare and cope. This first part includes case studies on family foundations who have navigated divorce, questions to consider when developing board policies, and perspectives on the implications of divorce on assets… Read More

Demystifying Decision Making in Family Philanthropy

Posted on June 10, 2021 by Ann Shulman

This Passages Issue Brief examines the kinds of decisions that family foundations often face and sets out practical, easy-to-apply guidelines for ensuring that the foundation’s decision-making methods vary appropriately, as conditions and circumstances change. It includes factors to consider when selecting a decision-making method, guidance on how to communicate clearly, simple tools to help make good decisions, and short case… Read More

Death, Legacy, and Leadership Transition

Posted on October 12, 2020 by Elaine Gast Fawcett

The death of a foundation leader or senior family member is likely the most emotional change a foundation will undergo. Suddenly, or not so suddenly, family members and the board face grief and loss, and also an onslaught of financial, legal, and organizational issues. How can you plan ahead, as a foundation and as a family? And how can you… Read More

Family Philanthropy Board Chairs: Leading with Joy and Effectiveness

Posted on May 14, 2019 by Elaine Gast Fawcett

Two white women sit at a table, looking off camera to illustrate the Passages issue brief on Board Chairs
A board chair is perhaps the most important and meaningful job in any family foundation. If you are currently chair—or anticipate that you will be someday—you may find it’s one of the most rewarding roles you will ever have. It’s also a role of great nuance, calling for keen facilitation, leadership, and a healthy dose of self-awareness—a combination that’s not always easy to find… Read More

Family Culture: Creating a Resilient Family Tree

Posted on June 4, 2018 by Jamie Forbes, Kelly D. Nowlin

Family connectedness, not money, has the greatest influence on multi-generational family continuity. But when many think about legacy, it’s often in the context of multi-generational financial wealth. Money, though, masks what people are really interested in passing to future generations of their family. Instead of being the primary focus, financial assets should be viewed as an enabler to the bigger… Read More

Thrive at Five: The Secrets of Long-Term Family Philanthropy

Posted on March 26, 2018 by Elaine Gast Fawcett

If you are a newer family foundation with one or two generations on the board, five generations may seem like a long time away. Yet in family philanthropy, quite a few foundations have been operating and thriving for 50, 75, even 100 years. What’s the secret of these family philanthropies that make it five generations or more? How do they… Read More

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