Families Wrestle With Closing Foundations, Beatty, Sally, Wall Street Journal, April 27,2007.

http://online.wsj.com/article/SB117677618145972189.html

Intergenerational Issues

Gersick, Kelin E. Generations of Giving: Leadership and Continuity in Family Foundations. Lanham, MD: Lexington Books, 2004. xix, 283 p. Published in collaboration with the National Center for Family Philanthropy, the volume provides a research study of 30 family foundations. The case histories look especially at the formative years, and how family members became involved in leadership--and transitions--over the life of the philanthropy.

Goldberg, Alison; Pittelman, Karen. Creating Change Through Family Philanthropy: the Next Generation. Brooklyn, NY: Soft Skull Press, 2006. xv, 168 p. The authors conducted interviews with young people across the U.S. on the topic of their families' philanthropy. The resulting book is a primer explaining how the younger generation can participate in personal philanthropy with their families. The book explains how a foundation works and how young people can get involved with decision-making. Throughout, it is presumed that the next generation will seek to improve the management of the foundation, so many worksheets and checklists are provided.

Foundation Center