Strategic Lifespan Peer Network: The Final Chapter

When
Tuesday, May 28, 2019, 1:00 PM until 2:30 PM EST
Duration
90 minutes
Where

Peer Network

Who should attend

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.

Price

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 ncfp@ncfp.org.

Contact info

Additional questions? Contact NCFP at ncfp@ncfp.org

Description

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

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.

Shirley Fredricks, Board Member, The Lawrence Welk Family Foundation

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.

Sukey Garcetti, Secretary/Treasurer, Roth Family Foundation
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