Friends in Philanthropy: April 2022 Issue
There are many reasons you might want to start a family foundation, from establishing a lasting family legacy to giving back after a successful career. But one reason that sometimes goes overlooked is the chance it gives you to educate your family’s younger generations.
By involving children and young adults in your foundation, you can teach them about leadership, generosity, and even financial management. Here’s a look at how family foundations draw in their successors.
If you’re intrigued by the idea of starting a family foundation, you definitely don’t want to miss the first link below. There we take a much closer look at the signs a family foundation might be right for you. We also cover some potential alternatives, and some next steps you can take if you want to know more.
Click below to read the full guide!
7 Signs You’re Ready for a Family Foundation (and 4 You’re Not) (Friends in Philanthropy) – Read our new guide to see whether your goals and circumstances point toward starting a family foundation—and what your other options are if not.
A 40-Year High in Inflation Is Eating Away at Charities (Philanthropy Roundtable) – Soaring prices are causing need to skyrocket at food pantries and shelters. But they’re also forcing cutbacks in service.
He Won a €200M Lottery. Now He’s Giving It Away Anonymously. (Euronews) – A retiree in the south of France says he’d rather “protect the living” than buy sports cars. Here’s what we know about the mysterious figure’s new environmental foundation.
3 Philanthropy Trends We Learned From Fidelity’s 2022 Giving Report (Forbes) – Giving is surging, even as donors get more sophisticated about their strategy. Here’s what Fidelity Charitable found by analyzing 175,000 giving accounts.
Philanthropy Doesn’t Work Without Faith-Based Organizations (Philanthropy Roundtable) – Faith-based organizations represent the largest subsector of giving and some of the most active volunteer forces. So how do we keep them healthy?
Photos courtesy of Unsplash.
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