Featured Article

Real estate: The grant that keeps on giving

Posted on April 15, 2009 by Elaine Gast Fawcett

“At a time like this, we need to stop investing in treasuries and bonds and start investing directly in our communities.” —Tom Parker, Hutton Foundation As a family fund these days, you might feel like crawling into a corner and licking your endowment losses. But look on the bright side. Trying times can inspire positive change—and a chance to get… Read More
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What is the 5% payout rule?

Posted on October 15, 2008 by National Center for Family Philanthropy

This familiar, if complex, rule is getting additional attention from family foundations looking at the fourth quarter of the year amid an economic downturn. What do the rules require? And what will that mean next year for foundations and the nonprofits they support? So what exactly are the rules? The figure below from Splendid Legacy 2: Creating and Re-creating Your… Read More
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Geographic Dispersion

Posted on December 15, 2007 by National Center for Family Philanthropy

Q: My family’s foundation has traditionally given in New England and continues to support nonprofits there, but family members live all around the country. How do we keep people engaged? A: As today’s families are more mobile than ever, geographic dispersion has become a crucial issue for family philanthropists as they try to keep distant family members involved. Consider the… Read More
Featured Article

Telling Your Family’s Story

Posted on September 15, 2007 by Kevin Laskowski

Family philanthropies are intimately connected with the past that shapes them. As stewards of both a public trust and a family legacy, philanthropic families are constantly drawing on their history for wisdom, energy, and focus. That’s why growing numbers of families are recording their stories to share with future generations. The sharing can be as simple as storytelling at a… Read More