1. Organizational Giving: Family Foundations & Corporate Giving The Most effective philanthropy helps people help themselves and preserves their self-respect. - Eugene C. Dorsey

2. Family Foundations Of approximately 71,000 foundations in the U.S., more than 36,700 are family foundations. Of approximately 71,000 foundations in the U.S., more than 36,700 are family foundations. Family Foundations: foundation in which the donor or donors relatives play a significant governing role. (Council of Foundations) Family Foundations: foundation in which the donor or donors relatives play a significant governing role. (Council of Foundations)

3. Family Foundations cont. In the past 20 years family foundations have doubled. In the past 20 years family foundations have doubled. These foundations are a creative way for families to get to know each other better and work together for the public good. These foundations are a creative way for families to get to know each other better and work together for the public good.

4. Family Foundations cont. Advisors and consultants to family foundations is a new industry that helps with grantmaking. Advisors and consultants to family foundations is a new industry that helps with grantmaking. Advice, facilitation of family retreats and meetings, coaching, referrals, publications, and conferences are available. Advice, facilitation of family retreats and meetings, coaching, referrals, publications, and conferences are available. National Center of Family Philanthropy (www.ncfp.org); Council of Foundations’ Family Foundation program (www.cof.org); Association of Small Foundations National Center of Family Philanthropy (www.ncfp.org); Council of Foundations’ Family Foundation program (www.cof.org); Association of Small Foundationswww.ncfp.orgwww.cof.orgwww.ncfp.orgwww.cof.org (www.smallfoundations.org) (www.smallfoundations.org)www.smallfoundations.org

5. Family Foundations cont. These resources can help family members sort out their values and interest areas and come to some guiding principles and processes. These resources can help family members sort out their values and interest areas and come to some guiding principles and processes. At least $1 million is a sufficient dollar amount for starting a family foundation. At least $1 million is a sufficient dollar amount for starting a family foundation.

6. Family Foundations cont. Family foundations must give a minimum of 5% of the fund’s asset value annually. Family foundations must give a minimum of 5% of the fund’s asset value annually. Foundation’s expenses for investments and administration are part of the 5%. Foundation’s expenses for investments and administration are part of the 5%. Donors to family foundations can deduct cash gifts of up to 30% of their adjusted gross income. Donors to family foundations can deduct cash gifts of up to 30% of their adjusted gross income.

7. Sharing Values & Goals Communication through dialogues and email exchanges can provide new ways of relating and can help heal past differences of family members. Communication through dialogues and email exchanges can provide new ways of relating and can help heal past differences of family members. Families that have begun to discuss giving and volunteering together are often surprised by all they learn. Families that have begun to discuss giving and volunteering together are often surprised by all they learn.

8. Sharing Decision Making Role of community representatives and the participation of the younger generation should be under consideration when deciding to start of family foundation. Role of community representatives and the participation of the younger generation should be under consideration when deciding to start of family foundation. Many of the next generation are aware that the answers for many of the world’s problems will be best sought by engaging decision makers from grassroots communities or turning family assets and grants to them. Many of the next generation are aware that the answers for many of the world’s problems will be best sought by engaging decision makers from grassroots communities or turning family assets and grants to them.

9. Books to consider Classified: How to Stop Hiding your Privileges and Use it for Social Change, by Karen Pittleman Classified: How to Stop Hiding your Privileges and Use it for Social Change, by Karen Pittleman Creating Change Through Family Philanthropy: The Next Generation, by Alison Goldberg, Karen Pittleman, & Resource Generation Creating Change Through Family Philanthropy: The Next Generation, by Alison Goldberg, Karen Pittleman, & Resource Generation

10. Resource Generation An organization that engages next generation givers in their 20s and 30s. An organization that engages next generation givers in their 20s and 30s. This new generation of inheritors is even more enthusiastic about how better informed our decisions can be added to community support. This new generation of inheritors is even more enthusiastic about how better informed our decisions can be added to community support.

11. Decision Making Choices Deciding alone, or with family member(s), or a significant other. Deciding alone, or with family member(s), or a significant other. Giving to one’s family foundation and letting other family members decide. Giving to one’s family foundation and letting other family members decide. Partnering with community members, family, or both. Partnering with community members, family, or both. Partnering with funding or giving circle with other donors and advisors. Partnering with funding or giving circle with other donors and advisors. Turning the decision making over to community advisors, friends, family members, or colleagues. Turning the decision making over to community advisors, friends, family members, or colleagues. Giving to United Way or other community-based foundations that may or may not include other donor activists. Giving to United Way or other community-based foundations that may or may not include other donor activists. Giving to religious or spiritually based congregations to decide together. Giving to religious or spiritually based congregations to decide together.

12. Next Generation Engaging the younger generation by establishing committees providing intergenerational leadership and mentoring provides a learning opportunity for both generations. Engaging the younger generation by establishing committees providing intergenerational leadership and mentoring provides a learning opportunity for both generations. This allows the next generation to offer ideas and concerns about everything from grant processes to to investment policies. This allows the next generation to offer ideas and concerns about everything from grant processes to to investment policies.

13. Next Generation Expanding the next generation’s expertise, leadership, and voices are key steps to making the current intergenerational transfer of wealth successful. Expanding the next generation’s expertise, leadership, and voices are key steps to making the current intergenerational transfer of wealth successful. Organizational resources: Organizational resources: www.resourcegeneration.org www.resourcegeneration.org www.resourcegeneration.org www.yesworld.org www.yesworld.org www.yesworld.org Leveraging Privilege for Social Change Leveraging Privilege for Social Change

14. Other Considerations Roughly 1 in 8 of the larger family foundations have paid professional staff. Roughly 1 in 8 of the larger family foundations have paid professional staff. Making family funding truly transformative, having an adminstrative staff or support beyond family members is usually a saner route. Making family funding truly transformative, having an adminstrative staff or support beyond family members is usually a saner route. Outsourcing most of the work saves time and resources. Outsourcing most of the work saves time and resources. Being a professional administrator for your family has its risks and rewards. Being a professional administrator for your family has its risks and rewards.

15. The National Center for Family Philanthropy (www.ncfp.org) and the National Network of consultants to Grantmakers (www.nncg.org) both offer referrals to consultants as well as performance and ethical standards for those considering this investment in capacity of your family foundation. The National Center for Family Philanthropy (www.ncfp.org) and the National Network of consultants to Grantmakers (www.nncg.org) both offer referrals to consultants as well as performance and ethical standards for those considering this investment in capacity of your family foundation.www.ncfp.orgwww.nncg.orgwww.ncfp.orgwww.nncg.org

16. Developing A “Statement of Donor Legacy” A statement that sets forth the legacy that founding donors wish to leave can be invaluable tool for a family foundation, as it provides important background information about the foundation’s mission for present and future trustees. A statement that sets forth the legacy that founding donors wish to leave can be invaluable tool for a family foundation, as it provides important background information about the foundation’s mission for present and future trustees.

17. Statement Describes the donor’s vision and intent for the foundation and touching on the history of the foundation. Describes the donor’s vision and intent for the foundation and touching on the history of the foundation. Include donor’s: Include donor’s: Life and accomplishments Life and accomplishments Interests, values, traditions, and perspectives Interests, values, traditions, and perspectives Specific intent for foundation Specific intent for foundation Wishes succeeding generations of trustees to perpetuate this legacy over time Wishes succeeding generations of trustees to perpetuate this legacy over time

18. Legacy An organic, living entity, encompassing not only the donor’s original statement of intent, but also all the subsequent work and accomplishments of the foundation and its grantees. An organic, living entity, encompassing not only the donor’s original statement of intent, but also all the subsequent work and accomplishments of the foundation and its grantees.

19. Corporate Giving and Corporate Foundations Activities that companies voluntarily undertake to have a positive impact on society. Activities that companies voluntarily undertake to have a positive impact on society. cash contributions, contributions of products and services, volunteerism, and other business transactions to advance a cause, issue, or nonprofit organization. cash contributions, contributions of products and services, volunteerism, and other business transactions to advance a cause, issue, or nonprofit organization.

20. Corporate Giving & Corporate Foundations Number of corporate foundations has doubled since the 1980s, and a new generation of corporate leaders is bringing new attention to corporate citizenry. Number of corporate foundations has doubled since the 1980s, and a new generation of corporate leaders is bringing new attention to corporate citizenry. Various philanthropic ways of joining communities: Various philanthropic ways of joining communities: Cash support, lending executives to nonprofit causes, giving teams time to volunteer together, donating equipment and services, encourage employees to volunteer on their own time. Cash support, lending executives to nonprofit causes, giving teams time to volunteer together, donating equipment and services, encourage employees to volunteer on their own time.

21. Statistics 76% of consumers would switch brands or retailers to one associated with a good cause when price and quality are equal. 76% of consumers would switch brands or retailers to one associated with a good cause when price and quality are equal. 87% of employees at companies with cause related programs feel a stronger sense of loyalty to their employer. 87% of employees at companies with cause related programs feel a stronger sense of loyalty to their employer.

22. Starting a Corporate Foundation Step 1: Define priority interest areas and ways to get involved in these areas. Step 1: Define priority interest areas and ways to get involved in these areas. corporate engagements- form part of an ongoing corporate strategy for community involvement that may also have a goal enhanced business performance. corporate engagements- form part of an ongoing corporate strategy for community involvement that may also have a goal enhanced business performance. Corporate engagements have potential for positive impact on local communities and a direct or indirect benefit on the corporation. Corporate engagements have potential for positive impact on local communities and a direct or indirect benefit on the corporation. Include philanthropic activities and activities that tap into the corporation’s core competencies and operations. Include philanthropic activities and activities that tap into the corporation’s core competencies and operations.

23. Why address social objectives? 1. Values: represents an expression of core company values 2. Strategy: supports or enhances a key long-term business strategy 3. Pressure: responds to a short-term external pressure, such as regulation or advocacy group activities.

24. Strengthening Corporate Giving Review company’s true commitment to giving and service. Review company’s true commitment to giving and service. Set goals to increase giving. Set goals to increase giving. Create a culture of giving all year long. Create a culture of giving all year long. Reward outstanding employees with matching their donations. Reward outstanding employees with matching their donations. Increase giving and volunteerism as part of employee and management perks and training. Increase giving and volunteerism as part of employee and management perks and training.

25. Strengthening Corporate Giving Spend less on corporate training and take teams to work for team-building volunteer efforts. Spend less on corporate training and take teams to work for team-building volunteer efforts. Establish a corporate giving office. Establish a corporate giving office. Survey your employees. Survey your employees. Require all management to have giving plans. Require all management to have giving plans. Sponsor a giving fair. Sponsor a giving fair. Have your own giving plan at home. Have your own giving plan at home. Be a civic leader and encourage management to do the same. Be a civic leader and encourage management to do the same.

26. Informative Web sites The Center for Corporate Citizenship at Boston College- www.bcccc.net The Center for Corporate Citizenship at Boston College- www.bcccc.net www.bcccc.net Council of Foundations- www.cof.org Council of Foundations- www.cof.orgwww.cof.org Wise Giving- www.wisegiving.org Wise Giving- www.wisegiving.orgwww.wisegiving.org The Chronicle of Philanthropy- www.philanthropy.com The Chronicle of Philanthropy- www.philanthropy.comwww.philanthropy.com The Conference Board- www.conference-board.org The Conference Board- www.conference-board.orgwww.conference-board.org The United Way- www.unitedway.org The United Way- www.unitedway.orgwww.unitedway.org Choice in Giving- www.choiceingiving.org Choice in Giving- www.choiceingiving.orgwww.choiceingiving.org Our Giving Community- www.ourgivingcommunity.org Our Giving Community- www.ourgivingcommunity.orgwww.ourgivingcommunity.org