Impact is often an elusive concept in philanthropy. What is the most effective way to monitor grants? How do families define and measure success? What is the burden on grantee partners and how might it be mitigated?
The success of family philanthropy is largely dependent on the operations and management of the people and processes that underpin the goals and activities of the effort.
There is an increasing recognition and understanding of the deep-seated structural inequities upon which the philanthropic sector and many other systems were built.
The promise of family philanthropy is fulfilled by its members—often across multiple generations, which can pose a challenge. Multigenerational families use a variety of techniques to engage the next generation in philanthropy.
Change is inevitable and can be especially complex in family philanthropy. There are a number of questions to explore to ensure the success of a collective giving effort. What are the anticipated moments of transition?
