Generations of Giving: Chapter 6 – Mission and Dream: Inventing and Reinventing the Foundation

Chapter 6 of Generations of Giving: Leadership and Continuity in Family Foundations, the landmark 2006 study by a team of researchers led by Kelin Gersick and co-published by the National Center for Family Philanthropy. This Chapter describes the “basic continuity challenge” for all family foundation boards:

Consciously or unconsciously, every participant – in this case in particular, every family member – must confront two fundamental questions:

Why are we doing this? and
What am I participating in?

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