by James E. Hughes, Jr. (1999) | Summary :
The article Reflections On Grand Child/Grand-Parent Philanthropy As An Element In A System Of Family Governance explores how philanthropy can create a meaningful role for grandparents within family governance.

Hughes explains that grandparents often hold wisdom, love, and life experience, but may no longer be suited for active control of family wealth or governance. Instead of placing them in passive roles, families can involve them in philanthropy with their grandchildren.

The article suggests creating a simple giving structure where grandchildren participate in grantmaking, present their charitable interests, visit or research organizations, and learn how to advocate for causes they care about. Older grandchildren can also help with investment and administrative responsibilities.

This process teaches younger family members gratitude, stewardship, public speaking, leadership, decision-making, and responsibility in an atmosphere of love and support.

In conclusion, the article presents grandchild/grandparent philanthropy as a powerful family governance tool that strengthens relationships, passes down family virtues, and prepares the next generation for future leadership.

View the full article »

Reflections On Grand