Family stories and profiles

Effective Family Philanthropy: The Cricket Island Foundation

Posted on April 14, 2023 by Ade Adeniji

What It Looks Like When a Multigenerational Family Foundation Makes All Voices Equal Therma-Tru Corporation was a family-owned business whose bread and butter was manufacturing exterior and entry doors. The Midwestern company traces its roots to the 1960s, when David Welles, a retired Owens Corning executive, purchased a bankrupt building supply company in Toledo, Ohio. The company eventually patented its… Read More

Effective Family Philanthropy: The Woodcock Foundation

Posted on April 5, 2023 by Ade Adeniji

The Evolution of the Woodcock Foundation: A Progressive Family Funder Branches Out Polly W. Guth was an heir to one of the founders of the pharmaceutical giant Merck & Co. She was also an active philanthropist, heavily involved in groups like Planned Parenthood of New York City and Asia Society. In 1996, Guth founded the Woodcock Foundation, which has awarded over… Read More

Effective Family Philanthropy: The Pérez Family

Posted on March 22, 2023 by Ade Adeniji

“Miami Is Our City.” How Two Generations of the Billionaire Pérez Family Give Back in the late 1970s, Argentina-raised Jorge Pérez linked up with Stephen Ross and his affiliated Related Companies, the developer of New York City’s Hudson Yards. The Related Group, founded in 1979, began with a focus on building affordable housing before branching out to high-end condos. And… Read More

Effective Family Philanthropy: Tegan and Brian Acton

Posted on July 14, 2022 by Ade Adeniji, Inside Philanthropy

Brian and Tegan Acton
How Billionaire Couple Tegan and Brian Acton Are Giving in the Bay Area and Beyond Brian and Tegan Acton, in their 40s and worth some $3 billion, are among a new cohort of Silicon Valley donors engaging in major philanthropy. Stanford computer science graduate Brian Acton worked at Yahoo! with Jan Koum, where the two would link up for ultimate… Read More

Lessons from Family Philanthropy: The Rockefeller Brothers Fund

Posted on January 3, 2022 by Rockefeller Brothers Fund

Launching a family foundation is often the expression of donors’ desires to establish a lasting legacy and to instill in future generations the importance of giving. But family foundations face certain common pitfalls as well. They may initially unite family members through a shared sense of mission that could become less shared as the family grows and diffuses over time… Read More

Legacy in Family Philanthropy: A Modern Framework

Posted on May 16, 2021 by Shira Saperstein, Janice Simsohn Shaw

Adult hand holding child's hand - legacy
Legacy is a fundamental consideration in the practice of effective family philanthropy, yet it remains one of the most ambiguous and often overlooked concepts in our field. Many families approach legacy with a retrospective lens—one that reflects on a philanthropic effort across a number of years or even generations. However, legacy is emergent and iterative. It ought to be considered… Read More

Honoring the Donor: The Conrad N. Hilton Foundation

Posted on January 5, 2021 by Deanne Stone

Note: This case study was written and released in 2001 as part of NCFP’s Living the Legacy guide; current circumstances at the foundation may be different than described here. Conrad Hilton was an unusual family foundation founder. He set up a foundation in middle age and, although he lived for almost another half century, he never served on the board… Read More

Early Days: The Heisley Family Foundation

Posted on January 5, 2021 by Howard Husock

Note: This case study was written and released in 2001 as part of NCFP’s Living the Legacy guide; current circumstances at the foundation may be different than described here. With these goals in mind, Heisley, in December 1996, incorporated the Heisley Family Foundation, which he hoped would be “a vehicle which I could use to help bring my family together… Read More

A Family Legacy of Individual Initiative: The McKnight Foundation

Posted on January 5, 2021 by Deanne Stone

Note: This case study was written and released in 2001 as part of NCFP’s Living the Legacy guide; current circumstances at the foundation may be different than described here. McKnight was chairman of the 3M Company (Minnesota Mining and Manufacturing). He was credited for developing the corporate culture that propelled the phenomenal growth and transformation of the company from a… Read More

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