A tree, with branches that each family member can see and learn from, creating a visible map for future generations to follow, that should be the goal of a multi-generational family. Arguably, such a goal should have little to do with money and everything to do with safeguarding and sustaining each family's unique character, or culture. Of course, culture is not always obvious, but it can be seen in the elements that make it up.
It's very important that families proactively decide which elements, bits of folklore, stories, traditions, are intrinsic to their identity as a family. Once chosen, new family members should be inculcated into the mysteries of these traditions. Orient them in appreciating their history and worth, as well as in how to carry them forward and in turn initiate new generations into the tradition of philanthropy.
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Philanthropy and the Family Business
The author of the article argues that capitalism is the best system for our society in the United States. He cites failing socialist societies, such as Portugal, Greece and Italy to counteract the...more
A tree, with branches that each family member can see and learn from, creating a visible map for future generations to follow, that should be the goal of a multi-generational family. Arguably, such a...more
Global best practice grant-seeking
For best results in Grant Writing and funding, you need to approach it with a clear strategy. Foremost is matching your grant request with the criteria of the granting body. Especially ensuring that...more
The Era of Philanthrocapitalism
Foundation: Gates Foundation
Due to the financial crisis of 2008, Wall Street and the financial sector are viewed as the bad guys by large parts of the country, especially those occupying the lower classes of life. To go into...more
Impact Investing and Private Foundations
More than 135 attendees learned about responsible and impact investing at a recent symposium organized by Bryan Cave and co-presented by Fordham University's Gabelli School of Business.