Board selection, training, roles, and responsibilities

Family Governance Meets Family Dynamics: Strategies for Successful Joint Philanthropy

Posted on October 28, 2007 by Fredda Herz Brown, Patricia Angus

This Passages issue paper explores the interplay of family dynamics and family governance in family philanthropies, concluding families who think about their governance systems, including how decisions will be made, are less likely to be encumbered by family dynamics than families who begin their philanthropies informally, progressing to formality over time. In addition, families who openly address their underlying internal… Read More

Principled Planning: A Guide for Family Foundation Retreats

Posted on November 5, 2006 by Elaine Gast Fawcett

In 2005, the Council on Foundations developed a set of Stewardship Principles  to help family foundation board members govern, manage and lead their family foundations. These principles were based on more than a year’s worth of work, with input from hundreds of family foundation executives and trustees as well as other experts including academics, attorneys, and even an ethicist. This… Read More

Generations of Giving: Chapter 9 – Preparing for Future Generations

Posted on September 27, 2006 by Deanne Stone, Howard Muson, Katherine Grady, Kelin E. Gersick, Ph.D., Michele Desjardins

Chapter 9 of Generations of Giving: Leadership and Continuity in Family Foundations, the landmark 2006 study by a team of researchers led by Kelin Gersick and co-published by the National Center for Family Philanthropy.  This chapter features sections on “Five Reasons that Families Avoid Succession Planning” as well as on “Overcoming Resistance” to succession planning. A must read for any… Read More

Generations of Giving: Chapter 7 – Family Dynamics

Posted on September 27, 2006 by Deanne Stone, Howard Muson, Katherine Grady, Kelin E. Gersick, Ph.D., Michele Desjardins

Chapter 7 of Generations of Giving: Leadership and Continuity in Family Foundations, the landmark 2006 study by a team of researchers led by Kelin Gersick and co-published by the National Center for Family Philanthropy.  This Chapter features an in-depth look at the role of family dynamics in multi-generational family foundations. The Chapter explores three overarching issues that reflect the lessons… Read More

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