Four Critical Elements for Generational Succession
I was recently invited to be part of a family foundation retreat where these issues were up for review and renewal. It was an invigorating, productive and joyful experience for the family and one I won’t forget. Their process reminded me that, while there are many ways to pursue and accomplish generational succession, there are four critical elements to ensuring the process and the results are effective for both foundation and family. Continue reading…
Children and storytelling have always been at the heart of the William Caspar Graustein Memorial Fund. It is only fitting that one of their most successful programs, “Stone Soup,” is rooted in a classic children’s story. Family Giving News recently interviewed David Nee, long-time executive director of the Memorial Fund, Carmen Siberon, Community Program Officer, and Public Policy Program Officer Nancy Leonard, who managed this annual convening in 2013. Here we present ten lessons learned from their ongoing dedication to grantee and community convening. Continue reading…
NATIONAL FORUM ON FAMILY PHILANTHROPY
Have you had a “successful” failure? If your family or family foundation has committed a grantmaking, governance, or family dynamics faux pas (and who hasn’t?) and learned something worthwhile, come share your hard earned lessons with the rest of the “bruised but better for it” at the Best Mistakes We Ever Made session at the National Forum on Family Philanthropy. Facilitated by mistake mavens Kathleen Odne of the Dean & Margaret Lesher Foundation and Reginald Jones of the Jacobs Family Foundation, we’re looking for people willing to share (in just three minutes) one of their most productive mistakes. Be prepared to BRIEFLY cover:
- Goal and Context (What were you trying to accomplish? Was there risk involved?)
- Outcomes (How and why did the effort fail?)
- Learnings (What productive lessons ensued? What were the implications for the family/philanthropy?)
After hearing from 12 or 15 of you, we’ll collectively explore what we’ve learned and how not to shy away from beneficial risk. You in? Email session godmother Karen Green. Space is filling quickly so reserve your seat today.
QUOTE OF THE MONTH:
“You’ll start out wanting to walk the talk and you’ll find yourself stumbling the mumble. Give yourself permission to stumble the mumble.”
Source: February FGN Feature: Stone Soup: Community Based Advocacy at The William Caspar Graustein Memorial Fund
WEBINAR March 13th: 2:30 to 4:00 PM (EASTERN)
So Far So Fast – A Family Foundation Finds its Focus
How does a family foundation with no defined mission, no staff, no structure and a family that was never brought into the fold pull itself together to fashion a high performing foundation in under 4 years? Hear the remarkable story and the lessons learned featuring the steps taken, professionals and organizations engaged, and the just plain hard work required to create something from almost nothing. The George B. Storer Foundation will be represented by the family member executive director, a family member trustee and a non-family member trustee and the session will be moderated by Karen Green, a family foundation governance expert and former vice president of the National Center for Family Philanthropy. Continue reading…
TRUSTEE EDUCATION INSTITUTE: REGISTRATION OPEN
The National Center for Family Philanthropy’s Trustee Education Institute provides a comprehensive introduction to the key legal, investment, ethical, grantmaking, and family dynamics issues facing family foundation board members. Featuring a faculty made up of NCFP senior staff and highly respected philanthropy experts, this three day, intensive seminar addresses how to be an effective steward of both the public’s trust and your family’s legacy, as well as how you can bring your own personal giving identity to the foundation’s collective grantmaking. Sessions will cover the qualities and responsibilities of effective trustees and exceptional boards, strategies for navigating family dynamics at the board table, new grantmaking and investment strategies and techniques, and peer discussions on both the essential legal rules you need to know, as well as the important and difficult ethical issues you may confront over time. Read more and register.
ASK THE CENTER
How to Use Data Visualization to Better Tell Your Story
Data visualization–or dataviz–is one of the strongest weapons against information overload. Colorful diagrams, well-designed charts, and engaging infographics are easy to digest and fun to share. Dataviz can get your colleagues to pay attention to your organization’s most important data. Dataviz can captivate and catalyze your supporters. And dataviz can increase your communication power with pretty much every audience you’re hoping to inform or sway. Continue reading…
VOICES FROM THE FIELD
Breaking Up and Moving On: A Staff Member’s Perspective on the Dissolution of a Family Foundation
We knew the outcome before the votes were cast. The Jay and Rose Phillips Family Foundation – the proud embodiment of a fortunate family’s abiding compassion – would be split apart. It was October 2010. As a relatively new staff member of the Foundation, it was hard for me at that time to see much good coming of this decision. Some of the resources currently devoted to my community – the Minneapolis/St. Paul region – would be redirected to the new foundations created in Trustees’ home communities. A smaller Minnesota foundation would need fewer staff. My professional fate – and those of my four colleagues – was now in question. Continue reading…
News and Notes from NCFP’s Friends of the Family Network
Friends Focus is a special feature of Family Giving News that highlights members of our Friends of the Family network and their cutting edge work with family foundations and advised funds. This month’s edition of Friends Focus features updates from the McKnight Foundation, The Cynthia & George Mitchell Foundation, The Max M. & Marjorie S. Fisher Foundation, The Myles D. and J. Faye Sampson Foundation, and the Arthur M. Blank Foundation. Continue reading…
FRIENDS OF THE FAMILY AND LEADERSHIP CIRCLE MEMBERS
Thanks for Your Support!
We offer special thanks to our Friends of the Family and Leadership Circle funders who support and sustain the work of the National Center. Our Leadership Circle recognizes a special group of our most generous supporters. Our Friends offer continuing support for our work addressing emerging challenges in the field, researching new and evolving philanthropic issues, and ensuring that future generations of donor families continue to have access to the best possible resources for sound decision-making in their work. See the complete list…
THANKS TO OUR SPONSOR
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IN THE FIELD
Upcoming Events for Family Philanthropy
Featured events include the Grantmakers for Effective Organizations National Conference, the National Forum for Family Philanthropy, and the Joint Affinity Groups Unity Summit, among many others.
Current Openings in Family Philanthropy
We are pleased to provide our new Family Philanthropy Job Board as a benefit to members of our Friends of the Family network, our other family philanthropy colleagues in the field, and the many talented individuals seeking new employment opportunities. If you are a member of the National Center’s Friends of the Family program and would like to post a position announcement on the Family Philanthropy Job Board, please email a .pdf of your job description to firstname.lastname@example.org.
TOP TEN TWEETS
The Best of NCFP’s @familygiving Twitter Feed
Can’t get enough of FGN or looking for a past article that someone told you about? See a List of Past Issues of Family Giving News here.