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With Holidays Approaching, Families Are Increasingly Focused on Philanthropy

National Center for Family Philanthropy Releases Splendid Legacy 2: Creating and Re-Creating Your Family Foundation (September 13, 2017)

WASHINGTON, Sept. 13, 2017 /PRNewswire/ -- Traditionally, the decision to start a foundation or establish a gift fund was made by the head of a family.

In many cases, the children of the founder didn't even know their family operated a foundation until they gathered in a lawyer's office to read his or her will.

Today's families give much differently. Often, they are giving across generations ? involving children and grandchildren in decisions designed to establish a legacy and make a difference for decades to come.

Virginia Esposito, president of the National Center for Family Philanthropy, has helped hundreds of families navigate the complex decisions that come with starting and sustaining successful foundations.

With the release of Splendid Legacy 2: Creating and Re-Creating Your Family Foundation, Esposito and other philanthropic experts provide an in-depth blueprint for families who are looking to give across generations.

Nearly 3 in 5 U.S. family foundations engage younger family members in the foundation ? and more than 40% say they expect to increase the number of younger-generation family members on their boards in just the next four years.

As your media organization plans its coverage of philanthropy and giving for the holidays, Esposito can offer perspectives on this trend.

She can also share insights from Splendid Legacy 2 on issues such as creating the proper legal framework for a foundation; creating a grantmaking policy; and ensuring that second- and third-generation family members are properly prepared for making smart philanthropic decisions.

To schedule an interview with Virginia Esposito or request a review copy of Splendid Legacy 2, contact Peter Panepento at (202) 531-3886 or

About Splendid Legacy 2: Creating and Re-Creating Your Family Foundation:

Splendid Legacy 2: Creating and Re-Creating Your Family Foundation is the essential guide to creating and recreating your family foundation.

Filled with advice from the field's foremost experts in family philanthropy, Splendid Legacy 2 is a must-own volume for any family that is looking to build a philanthropic legacy, as well as for advisors and others interested in understanding this special philanthropic vehicle. 

About the National Center for Family Philanthropy
The National Center for Family Philanthropy is the only national nonprofit dedicated exclusively to families who give. It provides the resources, expertise and support families need to transform their values into effective giving.

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SOURCE National Center for Family Philanthropy

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