Sunday, September 12, 2010

Family Foundations

A new report on family foundations by the Institute for Philanthropy, is available, as reported by the Foundation Center.

An excerpt.

“The Institute for Philanthropy has issued a report highlighting the challenges and opportunities of family philanthropy as well as the development of the next generation of family foundation leaders. The report, Tomorrow's Donors: Engaging the Next Generation of Family Philanthropists (32 pages, PDF), includes six case studies from around the world; advice for how to teach strategic skills, avoid conflict, and pass on values within family foundations; and ten tips to encourage philanthropic participation within families, including clearly defining the foundation's mission, promoting intergenerational discussion, and considering a junior board for family foundation newcomers.”