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Since Strategic Philanthropy, Ltd. first opened its doors in 2000, we have been committed to helping families come together around shared values. We know that family philanthropy can be complicated, but it also provides a place for conversations across generations that might never take place. Philanthropy is a wonderful training ground for wealth stewardship.
We understand every family is unique. At the onset, we spend valuable time with each participant to find the most appropriate approach that aligns with their goals and aspirations. Because each person, each generation, comes to the conversation with different expectations, interests, and degree of knowledge or experience, these initial conversations are critical to finding common ground before bringing the family together.
Meaningful and impactful philanthropy doesn’t happen overnight or in a vacuum. The learning curve is different for each person, and the process will vary for each family. However, there are ways to ensure success. For example:
With the right learning experience and open, honest, facilitated communication, every family member can become an influential contributor to the family legacy. More importantly, by employing some of the tools outlined above, family members are empowered to collaborate, embrace their potential, and make a meaningful, collective impact.
For more about our perspective on this topic, download a PDF of our article, Family Philanthropy: Bridging the Generation Gap and Working Together, published by PKF O’Connor Davies.
