Family mission statements: Building a solid foundation for your family
Donors, families, and those that work with them who are looking to understand the value of a family mission statement to guide the family.
What are family mission statements and how do they differ from family foundation mission statements? How do families create these statements and what is a good process for creating one? Hear the story of one family's ongoing process for creating a family mission, and join our fascinating discussion with one of the nation's leading experts on family mission statements as a tool for good family governance.
Patricia M. Angus is the founder and CEO of Angus Advisory Group. Ms. Angus draws from a career spent exclusively serving families and charitable organizations as a lawyer, wealth advisor, and independent consultant. She originally founded Angus Advisory Group in 2003 and revived the firm in July 2008 to provide creative, independent, and objective advice and services with no corporate, investment company, or other affiliation. Read more...
Molly Stranahan is a story-teller, happiness facilitator, and change agent. She is a former board member of The Needmor Fund, an Ohio-based family foundation, whose mission is to work with other to bring about social justice. Molly has spoken widely on topics such as socially responsible investing, the impact of financial wealth on people and families, and the benefits and helpful practices of engaging in philanthropy as a family. Molly received her doctorate in psychology from the Rutgers University Graduate School of Applied and Professional Psychology in 1996. Learn more about Molly's background and interests.
What participants said:
As our foundation begins work on a mission statement, I feel many of the points made today will be quite helpful. It's comforting to know we'll have a facilitator! I'm expecting it to be a very interesting process with our diverse group.
I appreciated the reminder that the process of a family mission statement is more important than the statement itself.