Voices from the Field

In 1996, the Defense of Marriage Act seemed to resolve the definition of legal matrimony—the act deemed same sex marriages illegitimate and stripped couples of their marital benefits. This act came over 30 years after the civil rights movement freed people of color, women, and other marginalized groups of the shackles restraining their civil liberties, but yet again there were… Read More

In impact investing, we are witnessing the flipping of the script between the old and the new. Investors are striving to transform the mental formations (mindsets, deal sheets, and return expectations) that many times collide with the limits of natural resources, the call for equitable financial outcomes, and the health and well-being of people, places, and the planet… Read More

We all know we should have an estate plan, but it’s amazing how easy it is to put off. We are loath to imagine, talk about and plan for a time when we are no longer living. It can feel morbid and uncomfortable to think about—not to mention overwhelming to go through the process of understanding all the options and deciding which are best for you… Read More

Much has changed in the world of family philanthropy over the intervening decade. Many third-­ and later-­generation families have evolved multifaceted philanthropic structures with complex governance systems. Their legacy family foundations are often only one part of the machinery through which families express their philanthropic and social responsibility vision… Read More

America’s philanthropic landscape is filled with many bright spots. In 2017, Americans gave away over $400 billion to charity for the first time. Giving has also reached historical highs amongst America’s wealthiest families. The most recent data show that households with $500 million or more in assets contributed around $45 billion to charity in 2017… Read More

Yet it is exactly this—a characteristic way of thinking, feeling, judging, and acting—that defines a culture. In direct and subtle ways, children are molded by the family culture into which they are born. Growing up, their assumptions about what is right and wrong, good and bad, reflect the beliefs, values and traditions of the family culture. Most take for granted their family’s ways, and they carry into adulthood numerous attitudes and behaviors acquired in childhood… Read More

What choices do family foundations and funds have when it comes to transparency? And what approaches do other families take when it comes to managing transparency, communications, and privacy? NCFP’s new guide, Transparency in Family Philanthropy: Opening to the Possibilities examines how family funders are thinking, acting—and, in some cases, not acting—when it comes to how open and accessible they are with others. … Read More