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A business-owning family can create a secure foundation for effective multi-generational ownership and control by transferring shares of a family business in trust during the controlling owner's lifetime, and through careful drafting of trust provisions, choice of governing law, selection of a capable trustee and implementation of effective family ...

A guide to minimizing the after-tax proceeds from the sale of a family business. According to the article, legal exit preparations involve a 3-step process: due diligence investigations (i.e., public searches, review of minute books and key contracts, etc.); identify any 'skeletons' and consider what options exist to remedy or neutralize them; fina...

This paper presents and analyses 5 different approaches to philanthropy: Checkbook philanthropy, Responsive funders, Venture philanthropy, Results-based philanthropy, Collaborative funders. Each approach can be "strategic" depending on your aims. The essence of strategy lies in understanding your unique advantages as a funder prior to taking actio...

New Philanthropy Capital shares its system for analyzing charities to help funders identify individual charities' strengths and weaknesses and make thoughtful decisions about how to allocate their resources. The organization's approach examines six elements related to a charity: activities, results, leadership, people and resources, finances and a...

Charities are making a crucial contribution to tackling environmental problems, as pioneers, leaders, managers and guardians. They flag up vital issues, produce ground-breaking research and reports, and develop and implement innovative solutions. Much of this work leads to policy action by governments, and changes in business practices and consum...

This report analyses how to maximize charitable dollars through donations of appreciated stocks and mutual funds.

This issue of Global Giving Matters looks at the emerging field of social entrepreneurship and reports on the challenges social entrepreneurs face and the opportunities philanthropists have to move the field forward.

This report by New Philanthropy Capital discusses the potential for and challenges associated with cross-border philanthropy, not least prioritizing the issues and countries that deserve attention and selecting qualified intermediaries.

Finding the right thing to say to a friend with cancer can be difficult. But by responding in a way that feels comfortable, respecting privacy, being supportive, and finding concrete ways to assist, you can show that person you care and want to help.

Now is a good time for not-for-profit organizations to clean their gift closets by assessing endowment funds. This can help to keep funds from being misapplied, identify funds that are dormant due to donor restrictions, and reveal uses that could be applied to new organization initiatives. Check the documentation and review the terms of each gift.

Owners who are looking to transition their businesses face the question of whether it is better to sell now or wait until later, particularly in light of the current tax situation. In making this consideration, they should consider the pros and cons of various options: status quo, management buyout, ESOP, sale to a financial buyer, or sale to a str...

In this Executive Summary of the Trends 2020 survey report, conducted by the National Center for Family Philanthropy, it shares the updated trends on the governance and management practices of U.S. family foundations, and includes new questions relevant to ongoing changes in the field including issues of equity, place-based giving, transparenc...

When starting with family philanthropy, a family can choose a donor-advised fund or establish a private foundation. Each option has different requirements and management issues, including start-up costs, privacy matters, control of grants and assets, and flexibility in impact investing. Serving as a general guidance for you and your experienced adv...

What does it mean for a family funder to share and shift power? Here are ideas and questions to help guide an internal discussion on how your policies and practices affect the power dynamics of your philanthropy, and what you can do to alleviate this in your grantmaking, governance, and management practices.

One of the many challenges facing wealthy families in today’s fast-paced society is the need to meaningfully involve family members, including the rising generation, in the management of the family wealth enterprise. One way to engage the family is through philanthropic giving where families can derive great benefit from working together to define ...