Governance

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

Grantmaking with a Compass: Geographic Dispersion in Philanthropic Families

Posted on December 14, 2006 by Diane Bryant, Nancy Brain

In our increasingly mobile society, family philanthropies once defined by their proximity now encounter a new obstacle: geography. How does geography affect a philanthropy’s mission? How do you keep the family and the philanthropy together? Nancy Brain and Diane Bryant, sisters and trustees of the Frances Hollis Brain Foundation, explore how philanthropies can meet the challenges of dispersion… Read More

Generations of Giving: Chapter 7 – Family Dynamics

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

Chapter 7 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 features an in-depth look at the role of family dynamics in multi-generational family foundations. The Chapter explores three overarching issues that reflect the lessons… Read More

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

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

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… Read More

Generations of Giving: Chapter 3 – Choices and Challenges for the Controlling Trustee Foundation

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

This is Chapter 3 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 features an introduction to the controlling trustee foundation, and a look at the giving motivations and perspectives of founders and donors. The… Read More

Generations of Giving: Chapter 2 – Family Philanthropy in North America

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

This is Chapter 2 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 features a look at the history of early family philanthropy in America, including the role of tax policy in creating the Charitable… Read More

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