Family Giving
In North America, it's estimated that $25 billion to $40 billion dollars will be passed along to succeeding generations, or inherited, over the next 40 years.
When asked what he intended to leave his children, Warren Buffett (the renowned American investor, businessman and philanthropist) reportedly once said:
- Warren Buffett
Family foundations are often started by parents as a way to involve their children and grandchildren in philanthropy, and as a way to ensure the children, and other family members, carry through an ethical approach to asset management and embrace philanthropic values.
Many families choose Vancouver Foundation as an alternative to setting up a private foundation because of our connections to the community, and simply because it's easier administratively. It's like having your own family foundation, but without all the expense and book-keeping. Families can then focus on the most fulfilling part... giving.
For more information about how you can partner with Vancouver Foundation to better serve your clients and their families, contact our Development & Donor Services department at 604.688.2204.
Family Philanthropy Workbook
Use this workbook as a guide for answering questions that are common to family giving experiences.
Read the Trust Fund Whisperer
She's an heir's worst nightmare: Lee Hausner coaches wealthy families on how not to bequeath their riches.
Globe and Mail, October 16, 2007, Siri Agrell
