Perpetuity is a Long Time

Posted on December 13, 2008 by Daniel Bader, Richard Moore

Most foundations are created in perpetuity, but a growing number are planning to sunset, most for family or program reasons. Some foundations feel strongly that they best serve society by continuing their work over the long haul. Some simply avoid discussing the issue… 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: Introduction

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

This is the introduction for 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 introduction features the lead author’s proposition that the concept of “success” in family foundations has been severely under-explored in the field of philanthropy,… Read More

Generations of Giving: Transitions in Family Foundations

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

This excerpt from the introduction for Generations of Giving: Leadership and Continuity in Family Foundations, explores the six components of transitions in a typical family foundation, introduced as follows: The overall time span of a transition may be a few months or several years, depending on the type of transition and the complexity of the system. But we believe that… Read More

Generations of Giving: Chapter 5 – The Family-Governed, Staff-Managed Foundation

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

Chapter 5 – The Family-Governed, Staff-Managed Foundation Chapter 5 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 introduces the concept of “The Family-Governed, Staff-Managed Foundation” and looks at the characteristics and challenges of achieving… Read More

Generations of Giving: Chapter 4 – The Collaborative Family Foundation

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

Chapter 4 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 introduces the concept of “The Collaborative Family Foundation” and looks at the characteristics and challenges of achieving this model. The Chapter describes several “windows… Read More

Generations of Giving: Chapter 1 – Understanding Family Foundations

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

Chapter One 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 a description of the research project and a summary of core themes raised i Order a hardcover or paperback copy of Generations of… Read More

Generations of Giving: Chapter 6 – Mission and Dream: Inventing and Reinventing the Foundation

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

Chapter 6 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 describes the “basic continuity challenge” for all family foundation boards: Consciously or unconsciously, every participant – in this case in particular, every family member… Read More