Donors can use a foundation to strengthen their families, while at the same time helping others.
Resources tagged as: "Family Engagement" Clear
Outlines strategies Foundation Source advocates in order to unite family members in philanthropic work.
Books for children on philanthropy, volunteerism, and related themes.
This article explores how having a private foundation can help you build a better family today and for generations to come.
Foundations typically approach most grants as a team sport, debating their merits and deciding, collectively, whether they’re likely to achieve the foundation’s goals. However, in addition to granting as a group, some foundations give their board and/or family members a portion of funds to donate as individuals. Th is practice, called discretionary grantmaking, is legally permitted as long as the grants are consistent with the foundation’s charitable purpose, and there aren’t restrictions in the charter documents to prohibit it.
New survey from Foundation Source shows how donors engage their families in their private foundations.
Although establishing a private foundation does offer attractive tax advantages, families are often motivated by a desire to create positive […]
A look at the benefits, potential downsides, and best practices of involving non-family members in a family foundation.
How to Maintain Family Engagement and Foundation Efficacy
Establishing a private foundation can unite your family in the shared pleasure of giving back. It affords a rare opportunity […]