Learning to Bridge the Generation Gap in Family Foundations

A recent article in The New York Times discusses how family foundations are navigating generational changes and younger family members take on roles alongside, and sometimes in place of, founding family members:

It used to be that the philanthropic baton would be passed to the next generation when the parents died. In the past, fewer generations actively worked together.

But with longer life spans, “there are several generations in the philanthropic space at the same time and around the table at the same time,” said Sharna Goldseker, the founder and managing director of 21/64, a consulting firm that focuses on next-generation philanthropy. There may well be agreement among the generations about the importance of giving, but also disagreement about who to give it to and how to give it.

Read the full article on The New York Times.