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Section 1

Values, Mission, and Legacy

In family philanthropy, the term “family values” means the common characteristics that align you and your board members. Values are not endeavors, such as feeding the hungry or housing the homeless. They are the qualities of being that lead you to these actions; the underlying virtues that the founders and/or current board of a foundation hold most dear. It is often values that bring the family together and the foundation into being—and your funding areas into focus.

Through this section, you'll ground yourself in these vital topics: