Community Foundation Spark Session: Successful Generational Transitions

In philanthropic families, no subject generates more questions than preparing for and successfully passing the responsibility of a foundation or fund to successor generations. Family members consider issues both personal (e.g. self-identity, legacy, family roles) and pragmatic (e.g. timing, knowledge and skills required, differing work and decision-making styles).  

Community foundation staff can play a key role in smoothing those transitions in donor families, often helping families plan and prepare earlier than they’d do on their own. Opportunities for that support will continue to rise during this great intergenerational transfer of wealth. In this webinar, two community foundations will discuss their work together in managing a generational transition and the impact of the work on both the foundation and the donor family.