Family Dynamics

Successful Succession: Inspiring and Preparing a New Generation of Charitable Leaders

Posted on March 26, 2005 by Virginia M. Esposito

Why do you want the next generation involved? When should you consider a succession planning process? This installment of the Family Philanthropy Teleconference Series features NCFP President Virginia Esposito’s presentation on a range of practical strategies and methods for engaging the next generation, and lead a frank discussion on the issues for both trustees and their advisors to consider… Read More

Generations of Giving: Lessons on Governance and Continuity

Posted on February 25, 2005 by Kelin E. Gersick, Ph.D.

For every family member involved in a family foundation or advised fund, there are two fundamental questions: Why are we doing this? And why am I participating? The second in a two-part series, Kelin Gersick presented key lessons on governance and explored questions in the areas of reviewing and reinventing mission, considering family dynamics, and preparing for future generations involvement… Read More

Families In Flux: Guidelines for Participation in Your Family’s Philanthropy

Posted on October 4, 2004 by Deanne Stone

Family members marry, divorce, remarry, form domestic partnerships and, in many cases, move far away from the family home. With families growing ever more complex, varied, and far-flung, foundations and donor-advised funds need clear guidelines regarding who participates in their philanthropy and in what roles. This Passages report addresses changing family composition and circumstances and how philanthropic families may deal… Read More

Growing to Give: Instilling Philanthropic Values in Teens and Preteens

Posted on June 28, 2004 by Darlene Siska

The teenage years can be the most tumultuous ones—particularly for parents! Parents may want their children to become charitable for any number of reasons: to prepare them to take formal leadership one day of the family’s foundation or other giving vehicle; to participate in philanthropy as a family activity; or to develop charitable natures as an antidote to the possibility… Read More

Family Governance: A Primer for Philanthropic Families

Posted on June 4, 2004 by Patricia Angus

This Passages Issue Brief focuses on the principles, practices, and policies of family governance. Typically, a family’s philanthropy, whether formal or less structured, is only one of a number of ways in which family members interact with one another. This article aims to help philanthropic families understand the theory and practice of effective family governance… Read More

Leave of absence policy (Roy A. Hunt Foundation)

Posted on December 22, 2003 by Roy A. Hunt Foundation

The purpose of this policy is to provide direction on the practical aspects of implementing a leave of absence, e.g., how a leave of absence is defined, what the expectations are of a temporary successor, the kinds of foundation activities in which temporary successors would participate, how grants are handled when there is no temporary successor… Read More

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