How and why are multi-generational families sustaining a commitment to place? What makes their place-based giving vibrant and effective over time? What aspects are required for a focused strategy for the community, and for necessary support and participation? These questions and many more have guided a yearlong interview study with family foundations and donor-advised funds committed to their “pride of place.” This will be an interactive conversation with attendees, as NCFP President Virginia Esposito shares early insights and findings.
The Pride of Place session is sponsored by JF Maddox Foundation. Pride of Place research is funded by William Penn Foundation, David Haas, and The Nord Family Foundation.Related ResourcesPodcast: Successful Generations Podcast: Engaging your Family in Family Philanthropy, Ellie Frey Zagel (April 2018)
In this episode, Virginia "Ginny" Esposito, Founder of the National Center for Family Philanthropy, highlights what family business is and common trends in the work she has been in for over 30 years. She has lots of wisdom for parents and great resources, whether you are just getting started or if you've been giving for decades. Case Study: Jacobs Family Foundation, A Be Fearless Case Study, Case Foundation
"An abandoned lot, an experimental initial public offering (IPO) and a culture that believes that failure leads to learning inspired the Jacobs Family Foundation to transform its business model from traditional grantmaker to place-based funder to maximize impact without sacrificing its core values and mission."Article: The Irwin Sweeney Miller Foundation Creates an Enduring Legacy by Effecting Community Change, Alice Buhl (November 2013)
"This Family Giving News feature article is excerpted from the Passages Issue Brief detailing the story of the Irwin Sweeney Miller Foundation, whose third generation board members made the strategic decision to spend down with assets of approximately $25 million."
