Generations of Giving: the Development of the Family Foundation

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 in Family Foundations. This Teleconference introduced the three main types of family foundations – the Controlling Trustee Foundation, the Collaborative Family Foundation, and the Family-Governed, Staff-Managed Foundation – and described the core dilemmas facing each of the three types, concluding with an extensive question and answer period.