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Family Culture: Creating a Resilient Family Tree
National Center for Family Philanthropy
When people think about family legacy, it’s often in the context of multi-generational financial wealth. Money, though, masks what people are really interested in passing to future generations
Successful Generations Podcast: Engaging Your Family in Family Philanthropy
National Center for Family Philanthropy
The question Virginia “Ginny” Esposito, Founder of the National Center for Family Philanthropy, gets asked the most, is “How can I engage my family in philanthropy?” In this
Tandem Use of Private Foundations and Donor Advised Funds
Hemenway & Barnes
Much has been written comparing the administrative, financial and programmatic criteria of private foundations and donor advised funds (“DAF”). It is often presented as an “either/
Tax Reform and Philanthropy: Exploring Why and How You Give
Hawthorn, PNC Center for Financial Insight
For the majority of Americans, the tax overhaul has altered or reduced many of the financial incentives for making charitable donations. But charitable giving is rarely driven solely by the desire to
Cyber Loss Mitigation for Directors
Dan A. Bailey, Esq., Bailey Cavalieri and Chubb Personal Risk Services
Cyber risk has become a major potential loss exposure for almost any company. As with any other exposure, directors should confirm that reasonable steps are taken to identify, mitigate, respond to,
Private Family Foundations Annual Governance Checklist
Hawthorn, PNC Center for Financial Insight
The fun and rewarding activities of a family foundation center around determining the causes and organizations the foundation will support. While working together to make a difference, it is
The New Tax Law and Charitable Giving
Schwab Charitable and Schwab Center for Financial Research
The Tax Cuts and Jobs Act went into effect on January 1, 2018, and some experts suggest there could be a significant impact on charitable giving. Kim Laughton, President of Schwab Charitable, sat
Donor Advised Funds and Private Foundations: A Comparison of Key Features
Hawthorn, PNC Center for Financial Insight
Two common charitable giving vehicles are donor advised funds (DAFs) and private foundations. A DAF is an account housed in and governed by a public charity. A private foundation is a standalone
Thrive at Five: The Secrets of Long-Term Family Philanthropy
National Center for Family Philanthropy
If you are a newer family foundation with one or two generations on the board, five generations may seem like a long time away. Yet in family philanthropy, quite a few foundations have been operating
Assessing Tax Reform's Impact on Private Foundations and Recent Guidance Involving Donor Advised Funds
PwC Private Company Services
Private foundations assessing the impact of the tax reform legislation (HR1) signed into law on December 22, 2017 should look beyond the private foundation-specific proposals that were not included