Strategic Lifespan Peer Network: The Final Chapter
NCFP’s benchmark Trends in Family Philanthropy study found that 20% of the youngest family foundations have decided to operate with a limited lifespan, and more than 60% of all foundations are considering or have decided upon this option. Have you made this decision? Are you thinking about the implications and strategies for limiting the lifespan of your foundation? Join this network to speak with other funders considering limiting their lifespan or who have made the decision to spend down. This peer network is co-chaired by two field leaders, Barbara Kibbe, director at the S. D. Bechtel, Jr. Foundation, and Lois Mitchell, philanthropy consultant and former president of the Orfalea Foundations.
This network is offered at no fee for NCFP Friends of the Family, members of our Family Philanthropy Online Partner Communities, and other donors and family foundations that are considering or have decided to spend out. If you are not currently an NCFP Friend or member of one of our Partner Subscribers, please email your contact information (name, email, phone, and organization) and a short description of your goals for being part of this network to email@example.com.
Additional questions? Contact NCFP at firstname.lastname@example.org
The Final Chapter: Planning for a Smooth Conclusion
Spending up or leaving a legacy? As your foundation plans for your strategic and limited lifespan, do you plan to support organizations with legacy grants or an endowment for specific causes your family or fund may have founded? How do you honor those places and programs that have been important to your fund or family? Or instead, is there a next generation or legacy of grantmaking decisions you want to support with a DAF? The peer network had identified the following as key strategies and tactics:
- 40% Strategies poll results: Spending completely vs Legacy grants determined by individual board members
- 30% Strategies poll results: Spend all assets vs. Leaving DAF (for next gen or others to manage)
- 40% Tactics poll results: Engaging the board to decision points
Barbara Kibbe joined the S. D. Bechtel Junior Foundation as director of organizational effectiveness in 2013. She came to the Foundation with 25 years of experience in philanthropy as an executive, a consultant, a grantmaker, and a foundation program director working with family, private, corporate, and community foundations. Barbara is co-author of Succeeding with Consultants and Grantmaking Basics. In 2010, she co-authored What’s Next for Philanthropy. She is a founder of Grantmakers for Effective Organizations (GEO), an organization dedicated to building knowledge, promoting learning, and encouraging dialogue on nonprofit and grantmaker effectiveness. Barbara holds a B.A. in art from Wagner College and a J.D. from Brooklyn Law School.
Lois Mitchell has extensive experience directing philanthropic initiatives, navigating strategic plans, and building key partnerships with cross-sector leadership. She guides multi-generational family, community, corporate, private, and operating foundations to build governance, processes, organizational culture, legacy, branded programs and facilitated retreats, forums and board sessions. As President of the Orfalea Foundations from 2000-2015, Mitchell led a 20+ member team through innovative collaborations, audacious campaigns, public events, and an intentional sunset spend-down.
What past participants say:
NCFP consistently and brilliantly presents the very best education to family foundations and donor advisor funders. Though I actively participate in educational opportunities with many organizations in the philanthropic center it is those offered by NCFP that drill deeper into issues, savor the nuances of family grantmaking and produce products that motivate and inspire in an all embracing understanding of families and the dynamics that challenge them.
The Family Philanthropy Webinar series is a wonderful resource, allowing us to "attend" sessions from all over and to share materials with other members of our foundation. The transcripts of the sessions are also a valuable resource. Thank you for these Webinars.
NCFP webinars are an effective way for me to be stimulated and educated. I always expect excellent presenters and up to date information from NCFP, and have not been disappointed with these webinars. The recent one discussing women and philanthropy was very timely as women grow in their capacity and leadership roles in philanthropy. Thank you NCFP!
The National Center has been an indispensable source of wisdom, tools, and best practices for my clients on matters ranging from advancing intergenerational leadership transition strategies to building effective websites to creating discretionary grant making guidelines.
These webinar events are the most valuable as part of our SECF membership... we access current experts on the topics pertinent to family foundations...and we remain in our office!.... no travel expenses or conference fees... and we can access this information at a future time for our Board. A win-win for all of us who are so busy but are eager to stay current and networked.
I have attended many of NCFP's webinar and always walk away with new ideas that expand my knowledge of family philanthropy. The content is always amazing, well-structured and full of different perspectives. I especially love the stories told by presenters of their families journey within philanthropy and how they are impacting communities.
Creating Effective Next Gen Boards was by far the best webinar I have experienced. The material was well put together, well presented, easy to follow, and very engrossing! The youth on the webinar were very articulate and experienced and provided a unique insight into the benefits and pitfalls in involving 8 year-olds and up in family philanthropy, i.e. the younger we start, the better and easier it is for everyone! Thanks for this webinar!
I have participated for years in the Family Philanthropy Webinar Series, which has been a tremendous value-add for our subscription to NCFP Friends of the Family! This just keeps getting better and better with each passing month, and I'm so very impressed with the caliber of presentations and the organization behind them! Best webinar series in the field!