Effective Family Philanthropy in Action

How to Interrupt the “Vicious Cycle of Inherited Wealth:” A Conversation with Iris Brilliant

Posted on October 17, 2023 by Britt Benavidez, Iris Brilliant

Vicious cycle of arrows in a circle
For wealth inheritors, having access to a large sum of money they did not earn is a privilege, but often comes with mixed emotions and a deep sense of responsibility. Acknowledging and building a healthy and transparent relationship to wealth can help improve personal and family relationships, deepen connections in community, and ultimately promote greater, and more equitable redistribution of… Read More
From NCFP, Effective Family Philanthropy in Action

The Benefits—and Challenges—of Adding an Equity Lens to Philanthropy Practices

Posted on October 10, 2023 by Diana Tyler Heath, June L. Wilson

Philanthropy is rooted in and continues to operate within inequitable systems and structures. Philanthropists have long sought to address these inequities in their grantmaking, and in recent years many have begun to examine how they can further address inequities in their practices. At NCFP, we see equity as a core principle of effective family philanthropy. We believe that equity begins… Read More
Effective Family Philanthropy in Action

Fostering Connection for More Effective Philanthropy

Posted on October 2, 2023 by David Weitnauer

Colleagues collaborating and laughing around a table
NCFP Distinguished Fellow David Weitnauer notes the importance of personal connection among family, board, and staff members in the context of their philanthropy and introduces his research on the concept of giving related. In the drive to improve our philanthropy practices and contribute to greater impact, we often overlook the very characteristic that sets our field apart: family ties. Cultivating… Read More
Effective Family Philanthropy in Action

Family Foundation Finds Focus in Grantee Relationships

Posted on August 31, 2023 by Prentice Zinn

Growing plant put into focus by a magnifying glass
In recent years, GMA Foundations has worked with the Celia Lipton Farris and Victor W. Farris Foundation to define and hone its grantmaking focus. The process involved deep listening and learning and strengthened grantee relationships.  Cohesive family giving across geography and generations is patient work. Trustees’ willingness to listen to one another and to invest time in grantee relationships translates… Read More
Effective Family Philanthropy in Action

The Power of a Learning Journey

Posted on August 28, 2023 by Christine Sherry

Aerial view or car driving on winding road through a forest
Family philanthropy benefits enormously from continuous inquiry. But it can be challenging to identify paths to deepen knowledge, explore new ideas, and ultimately, build a culture of curiosity. Embarking on a learning journey—a series of experiences designed to better understand your role in the funding landscape and how to improve your work—can be a creative and inspirational way to promote… Read More
Effective Family Philanthropy in Action

It’s Time To Retire The Term “High Net Worth”

Posted on August 3, 2023 by Stephanie Ellis-Smith, Nancy Reid

Person opening a door
Phila Engaged Giving’s Stephanie Ellis-Smith and Nancy Reid outline the benefits of changing “worth” to “wealth” in the term “high net worth.” This piece was originally published by Phila Engaged Giving and is re-published here with permission. Here’s something radical for you to consider: let’s retire the phrase “high net worth” (HNW), and the even more obnoxious, “ultra high net worth”… Read More
From NCFP, Effective Family Philanthropy in Action

Freedom & Effectiveness Through Accountability

Posted on July 28, 2023 by Miki Akimoto, Ashley Blanchard

Because a body of men, holding themselves accountable to nobody, ought not to be trusted by anybody. – Thomas Payne It should go without saying that families who embark on philanthropy together have good intentions—to give back to  communities where families live and have made their wealth, to make a difference in the world, and to provide a place where… Read More
Effective Family Philanthropy in Action

Partnership Lifecycle and Exercising Funder Responsibility and Accountability

Posted on July 25, 2023 by Nicholas Banovetz

Caterpillar transitioning to butterfly; lifecycle concept
“I have seen that in any great undertaking it is not enough for a man to depend simply upon himself.” -Teton Sioux Tribe We’re in this together. Funders, grantees, and community. And while the dynamics of power and privilege exist, the values of collaboration, transparency, and responsibility define good philanthropy. At the Better Way Foundation, we work alongside grantees and… Read More
Effective Family Philanthropy in Action

Living Our Values Through Stakeholder Compensation

Posted on July 15, 2023 by Alexandria Featherston-Gomez, Shelley Trott

Two people shaking hands across a table
What does it look like to equitably compensate grantees and other partners and how can funders do it in a way that aligns with their values? The Kenneth Rainin Foundation explored this question and shares their process for paying stakeholders. This piece was originally published by the Kenneth Rainin Foundation and is re-published here with permission. In 2022 we wrote about our… Read More
Effective Family Philanthropy in Action

Listening, Learning, Supporting: Reflections on the RFF Team’s Support Beyond The Grant

Posted on June 28, 2023 by Rhonnel Sotelo, Kate Ray

Children playing with teacher in classroom, Courtesy of the Rogers Family Foundation
When the Rogers Family Foundation announced the sunsetting of our Oakland education strategy in October 2020, our team knew we’d reach a point of reflection on our grantmaking and practices over the last two decades. That time is now. This piece focuses on the concept of “Beyond the Grant,” which challenges funders to leverage internal organizational capacity to support their… Read More