Family Governance Meets Family Dynamics: Strategies for Successful Joint Philanthropy

Posted on October 28, 2007 by Fredda Herz Brown, Patricia Angus

This Passages issue paper explores the interplay of family dynamics and family governance in family philanthropies, concluding families who think about their governance systems, including how decisions will be made, are less likely to be encumbered by family dynamics than families who begin their philanthropies informally, progressing to formality over time. In addition, families who openly address their underlying internal… Read More
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Telling Your Family’s Story

Posted on September 15, 2007 by Kevin Laskowski

Family philanthropies are intimately connected with the past that shapes them. As stewards of both a public trust and a family legacy, philanthropic families are constantly drawing on their history for wisdom, energy, and focus. That’s why growing numbers of families are recording their stories to share with future generations. The sharing can be as simple as storytelling at a… Read More

Motivations for Board Service

Posted on May 13, 2007 by Virginia M. Esposito

Why many family members want in and some don’t want to leave Of all the governance questions I get and stories I hear, none come more frequently and with more urgency than those related to preparing the next generation of trustee leaders. Now those of you who have read these columns or heard me speak know that my concern in… Read More
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Program and General Support: Choices for Giving Families

Posted on April 15, 2007 by Kevin Laskowski

In an ongoing salvo in the decades-long debate surrounding program and general operating support, a 2007 report from the National Committee for Responsive Philanthropy charges: The grantmaking practices of a significant part of the foundation sector may be crippling small community-based and other nonprofit organizations because of one significant factor—the unwillingness of most foundations to provide general operating support to… Read More

Generations of Giving: Transitions in Family Foundations

Posted on September 27, 2006 by Deanne Stone, Howard Muson, Katherine Grady, Kelin E. Gersick, Ph.D., Michele Desjardins

This excerpt from the introduction for Generations of Giving: Leadership and Continuity in Family Foundations, explores the six components of transitions in a typical family foundation, introduced as follows: The overall time span of a transition may be a few months or several years, depending on the type of transition and the complexity of the system. But we believe that… Read More

Generations of Giving: Chapter 8 – Developing the Organizational Structure

Posted on September 27, 2006 by Deanne Stone, Howard Muson, Katherine Grady, Kelin E. Gersick, Ph.D., Michele Desjardins

Chapter 8 of Generations of Giving: Leadership and Continuity in Family Foundations, a landmark 2006 study by a team of researchers led by Kelin Gersick and co-published by the National Center for Family Philanthropy. This chapter features the authors conclusions regarding the importance of organizational structure for achieving the mission of a foundation. Review the complete collection of chapters from… Read More

Generations of Giving: Chapter 5 – The Family-Governed, Staff-Managed Foundation

Posted on September 27, 2006 by Deanne Stone, Howard Muson, Katherine Grady, Kelin E. Gersick, Ph.D., Michele Desjardins

Chapter 5 – The Family-Governed, Staff-Managed Foundation Chapter 5 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 introduces the concept of “The Family-Governed, Staff-Managed Foundation” and looks at the characteristics and challenges of achieving… Read More

Generations of Giving: Chapter 4 – The Collaborative Family Foundation

Posted on September 27, 2006 by Deanne Stone, Howard Muson, Katherine Grady, Kelin E. Gersick, Ph.D., Michele Desjardins

Chapter 4 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 introduces the concept of “The Collaborative Family Foundation” and looks at the characteristics and challenges of achieving this model. The Chapter describes several “windows… Read More