Making a Difference: Private Foundations

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 their core values and shared vision. If your family decides to take this approach, forming a private foundation may be the right answer for you.