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We hear much these days about how difficult it is to put together a career. The "younger" generation seeks more than jobs. They want their work to be fulfilling and to make a difference, and they need to earn a salary that they can live on, have medical benefits and maybe even save enough to one day retire. This is a tall order in these times of co...

Our advice to anyone hesitating to bring about an intergenerational family foundation because the time does not seem right or there are too many family issues to confront is — just get started. There is no better time than now to have the satisfaction of helping others and, at the same time, to give your family the opportunity to grow and to disco...

Donors' charitable gifts to their family foundations are not always administered by successor trustees in the manner in which originally intended. Donors must carefully articulate a mission for the organization — their private foundation — that will be the repository of a significant portion of their wealth.

On April 25, Mario Morino, Chairman of the Morino Group and Venture Philanthropy Partners, spoke to the FOX Concepts in Strategic Philanthropy Special Interest Group.

Family giving can be wonderfully gratifying as well as a bit messy. That goes double when several generations with different agendas run the family foundation. At the FOX Fall Forum, family members and foundation executives engaged in a lively discussion on how to effectively address questions related to family philanthropy.

The family office is often called upon to organize and staff family charitable endeavors. Community foundations can be a resource for the family office by providing information, insight, technical know-how, and alternate means of funding and conducting a family's charitable activities.

Timing isn’t everything in year-end charitable giving — it’s the only thing. When considering year-end charitable gifts, donors should keep these simple steps in mind.

Leadership succession and governance are important issues for every financial family. However, these issues are especially complex for business-owning families. To explore succession from an expert perspective, FOX spoke with Kelin Gersick, co-founder and senior partner of Lansberg, Gersick & Associates, a consulting and research firm specializing ...

Selling the family-owned business is one of the most important financial decisions and transactions that any family will face. Business owners, their children and grandchildren will live with the results for a long time to come. Getting it right is important to maximize family wealth, and some basic advance planning — even several years in advance ...

With the U.S. election results in 2024 setting the stage for significant changes in tax legislation, the administration is expected to prioritize extending the Tax Cuts and Jobs Act of 2017 (TCJA) and potentially repealing parts of the Inflation Reduction Act, which may lead to adjustments in corporate taxes and individual tax provisions. As we nav...

Even the most enthusiastic and driven donors often become overwhelmed and anxious, causing them to put off, stall, or curtail their giving, which in turn, hinders impact and strips the joy out of philanthropy. In this report, we explore the behavioral science behind the ten most common barriers to giving—such as too many choices, fear of uncomforta...

Digital platforms make microbusinesses possible for millions of people, and companies like Etsy and GoDaddy have been an essential backbone behind them, especially during the pandemic (Etsy sellers contributed $13 billion and almost 3 million jobs to the economy last year). In this NOW episode, we discuss the evolution of microbusinesses and what t...

Prizes have long been used to recognize achievement and advance innovation and effective solutions. In recent years, prize philanthropy, the use of monetary prizes to recognize achievements or drive developments that benefit society has become more popular among a wider segment of donors. This guide will help philanthropists decide whether and how ...

With almost two million nonprofits in the U.S., including thousands of local community foundations, it can be overwhelming to know where to start to help during a COVID-19 pandemic. Four steps are provided to help you identify your giving priorities and guide your search for charities that are offering support and relief during this disaster.

In this episode, two experts in the philanthropic advisory space talk about their experiences working with family offices, the state of the industry, and what it might look like in a post-pandemic world. They discuss the importance of family members understanding where they want to go with their philanthropic efforts, being committed, and enga...