How can families with multi-faceted philanthropic efforts – those with multiple foundations or funds, who are also using impact investing and other creative strategies – develop governance systems and structures that accommodate this complexity? What processes are these “complex” families using to allocate available human capital to the various governance structures? What approaches are they using to address dilemmas of a unified versus diverse philanthropic agenda across different vehicles? And how are they managing family dynamics in these complex governance systems?
Multi-faceted Giving
About this collection: This content collection was curated to help answer those questions and allow your philanthropic family to better accommodate diverse systems of giving.
Curated By: Jen Crino
Researchers from Lansberg Gersick Advisors hypothesized that families’ abilities to work together effectively in their philanthropy is dependent not only on the way they design their collective family foundation, but also in how they structure the philanthropic activities outside of it. From 2018-2022, they conducted surveys and interviews and found…
Researchers from Lansberg Gersick Advisors consider how the family foundation’s design and operation is informed by—and informs—the family’s philanthropic activities that take place outside of it. The purpose of this study is to help families understand how they can design their family philanthropy to best meet their goals. The study’s…
The Bainum Foundation's Family Philanthropy Initiative is an example of how to engage multiple generations in giving.
August 8, 2019
How can families with multi-faceted philanthropic efforts – those with multiple foundations or funds, who are also using impact investing and other creative strategies – develop governance systems and structures that accommodate this complexity? What processes are these “complex” families using to allocate available human capital to the various governance…
February 25, 2005
For every family member involved in a family foundation or advised fund, there are two fundamental questions: Why are we doing this? And why am I participating? The second in a two-part series, Kelin Gersick presented key lessons on governance and explored questions in the areas of reviewing and reinventing…
December 8, 2004
For every family member involved in a family foundation or advised fund, there are two fundamental questions: Why are we doing this? And why am I participating? The first in a two-part series, Kelin Gersick presented the results of the National Center's recent publication, Generations of Giving: Leadership and Continuity…