Show Notes
A 2014 report by the Center on Wealth and Philanthropy at Boston College estimated that $59 trillion will be transferred to the next generation from 2007 to 2061, the largest wealth transfer in US history. Lifetime giving to charity in that same period is estimated to be $20.6 trillion. At the same time, there is an increasing desire among families to work together to use their resources to solve social challenges, with longer life spans and greater understanding of the benefits of multigenerational philanthropy having encouraged more multigenerational collaboration. And while a variety of challenges can compromise the work, successful intergenerational giving strategies can foster an ongoing tradition of giving, make an impact on issues the family cares about, and deepen family relationships. What contributes to these successful strategies?
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Giving With Impact is back with season six! Join us each week starting Monday, October 5 for new and insightful interviews with leaders from across the philanthropic ecosystem about what's at the heart of achieving more effective philanthropy. This season will cover topics that are top of mind for donors, philanthropists, nonprofit leaders, advisors, and other social innovators. Giving With Impact is produced by Stanford Social Innovation Review with support from DAFGiving360.
Today we're going to talk about family philanthropy, how families can manage conflict when it arises, and strategies for preparing a new generation of philanthropists to take the lead at family funds. We have three guests who have a vast amount of experience with family philanthropy across generations.