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Results for:   Topic: “Family Philanthropy”  

Family Foundation Trends from the 2025 Operations and Management Report

Family foundations are a cornerstone of philanthropy, channeling generational wealth into impactful grantmaking and community initiatives. These foundations are often guided by the values, traditions, and priorities of a donor family, resulting in distinct governance structures, staffing patterns, and grantmaking approaches. Whether entirely family-run or including nonfamily board members, family foundations play a vital role... Read More

Donor Intent: Building a Legacy of Impact Through Partnerships

Donor intent matters. A bevy of articles, consultants, and examples are available on how to craft donor intent statements and how to communicate them. Whatever the content and form, they should be dynamic, reciprocal learning tools that engage family members and beneficiaries. Extreme care needs to be applied so donor intent is not a one-way,... Read More

Let’s Be Candid About Board Succession Planning

Joe Wilson, founder of the Xerox Corporation, and his wife, Peggy, formed the Wilson Foundation in 1963. A few years ago, we engaged in strategic planning to revisit our giving priorities. At the time, our board had 24 members that spanned three generations, and were spread across the country. In order to achieve our impact... Read More

Engaging the Next Generation: A Starting Point for Foundations

Engaging the next generation in philanthropy can be both exciting and challenging. Whether you’re thinking of children, grandchildren, nieces, nephews, or younger staff and board members, many foundations struggle to find meaningful ways to bring them into the fold. “The most important thing is to treat young people as equals at the board table,” says... Read More

Collaborating to Address COVID Racial Health Equity in Louisiana

In March, Louisiana had the fastest growth rate of coronavirus cases in the world. To help the state until federal dollars were ready, the Irene W. & C.B. Pennington Foundation, the Baton Rouge Area Foundation and Huey and Angelina Wilson Foundation each donated $400,000 to start a $1.2 million COVID-19 Response Fund—a request from Governor... Read More

Passing the Baton: How One Foundation Is Expanding Equity Through Relay Grants

The Holloway Family Foundation’s Annual Relay Grant is a streamlined, trust-based approach to grantmaking that places funding decisions directly in the hands of women nonprofit leaders of color. In 2020, several reports highlighted persistent disparities in philanthropic giving to women and girls of color, as well as inequities faced by organizations led by people of color... Read More