Splendid Legacy: The Guide to Creating Your Family Foundation

Splendid Legacy: The Guide to Creating Your Family Foundation by National Center for Family Philanthropy (U. S.). Paperback edition. ISBN: 9781929455065.

The first and only comprehensive guide designed especially for donors and families who are starting family foundations is now available from the National Center for Family Philanthropy. Splendid Legacy: The Guide to Creating Your Family Foundation helps donors, families, and their advisors create a detailed blueprint for their family foundations to fulfill their hopes and goals. If you have recently started a family foundation, are seriously considering starting one, or are seeking to renew the mission, programming, and administration of your family foundation, Splendid Legacy is for you. Splendid Legacy is the only resource guide that… Is designed specifically to meet the needs of the founders of family foundations. Addresses the full range of considerations in starting a family foundation, including values, mission, hopes for family involvement, governance, legal issues, ethics, funding the foundation, grantmaking, communications, investments, and management. Offers dozens of stories and vignettes from the experiences of family foundations to illustrate how family considerations affect key decisions. Splendid Legacy helps you translate the passions values, and dreams for your philanthropy and your family’s participation into a comprehensive and practical action plan for setting up the foundation. The combination of the personal and practical makes this guidebook most unique and most relevant to the needs and aspirations of giving families. Dozens of charts, checklists, and pull-quotes throughout make Splendid Legacy inviting and easy to read. The guide is 258 pages and includes a comprehensive glossary, sample policies and forms, and list of resources.