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
This post first appeared on The Philanthropic Initiative’s (TPI) blog. Family foundations often begin with a singular vision—a passion passed down through generations, or an individual’s desire to make a lasting difference that extends beyond their life. As these foundations grow, however, their governance needs can become more complex. Governance refers to the systems, structures, and... Read More
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
This handbook details workplace policies, benefits, leave policies, and expectations at the Jamie and Denise Jacob Family Foundation. It’s a valuable resource for foundations creating or updating their employee policies. Topics include: Compensation, benefits, and paid leave Workplace culture and expectations Anti-harassment and non-discrimination policies Technology, social media, and confidentiality guidelines Read More
Managing a private foundation with staff requires more than just focusing on its mission; it also demands careful attention to human resources. By addressing key HR questions, you can ensure your foundation is legally compliant, ethically sound, and a positive place to work. Below is a checklist to help guide your HR practices. Advisors and... Read More
It’s often said that family and money don’t mix well. However, I would challenge the notion—I literally wrote the book, A Passion for Giving, on the topic, providing practical guidelines to leverage family wealth for impactful philanthropy. Giving is not just good for the world, but also integral to nurturing healthy family dynamics—and may even... Read More