Blog

Topic: “Family Philanthropy”

Our Family Foundation’s Approach To Trust-Based Philanthropy

“The greatest gift you can give another person is trust,” said one of our grantees. When I started thinking about how to share our experiences with trust-based philanthropy, my first thought was to hear our grantees’ perspectives. This defines our philanthropic philosophy: working collectively to inspire possibility, innovation and sustainable outcomes. Engaging in trust-based philanthropy... Read More

Working With the State and Other Funders to Address COVID-19 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

Let’s Be Candid About Board Succession Planning

The Wilson Foundation was started in 1963 by Joe Wilson, founder of Xerox Corporation, and his wife, Peggy. When the foundation began its most recent strategic planning process, the board represented three generations with 24 members spread across the country. We embarked on strategic planning to revisit our giving priorities, but we quickly realized our... Read More

Social Impact Culture: Three Strategies to Help Your Family Foundation Connect With the Next Generation

How does today’s social impact culture affect the way you engage your children and grandchildren in your family’s philanthropy? That’s a question many trustees of America’s 42,000 family foundations are asking themselves as they look more closely at strategies to fulfill community passions, conduct responsible grantmaking, and inspire a philanthropic legacy for the next generation.... 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