Navigating philanthropic giving in families has its challenges. Even in the most successful families, misunderstandings, disagreements, and power struggles can and do occur. Whenever a family must make decisions together about money—whether it’s making money, keeping money, or giving it away—it can get tricky. Emotions run high and family members may react or revert back to long-established roles and patterns of behavior.
What can families do? What can family staff do? Click here to read our “Top 5 Family Dynamics in Philanthropic Families and What You Can Do About Them” recently published in the Spring 2017 Family Office Magazine (www.FamilyOfficeMag.com).
Want to learn more about family dynamics? Our 3rd EngagedPhilanthropy™ Toolkit, Making the Most of Family Dynamics: A Family Office Guide to Meaningful Giving, will launch in May 2017.
This toolkit answers the following questions:
- What are family dynamics, and how do dynamics commonly show up in families working together?
- How can family offices help their families navigate these complex and confidential dynamics in ways that support the best interests of the family and its philanthropy?
- How can effective philanthropy help families strengthen relationships?
Sign up here to receive a copy of the toolkit when it is released.
Click here to learn more and download our previously published EngagedPhilanthropy™ Toolkits.