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Philanthropy
A foundation is often the vehicle that families rely on to organize their common interests, as part of a complex family enterprise or when family members are no longer actively involved in managing an operating business. For philanthropy to be a positive experience, it must be approached with the same discipline and thoughtfulness that propels a business. When done well, as our research has shown, effective philanthropy not only supports nonprofit organizations in their communities and throughout the world, it also strengthens family relationships.
Our research, consulting experience, and publications on philanthropy, particularly
Generations of Giving: Leadership and Continuity in Family Foundations and The Succession Workbook: Continuity Planning in Family
Foundations, are our platform of understanding of how families structure and operate their foundations. We use that understanding in our teaching about family philanthropy and in our advisory projects with individual family foundations.
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