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    • Aug 2022 - Professional Advisor Newsletter >
      • BACK TO BASICS: REMINDING CLIENTS ABOUT WILLS, TRUSTS, AND CHARITABLE BEQUESTS
      • Summer legislative updates–and looking ahead to sunsets
      • FARMS, TAX PLANNING, AND FUNDING A FAMILY LEGACY
    • Sept 2022 - Professional Advisor Newsletter >
      • HIGHLY-APPRECIATED STOCK: IF YOUR CLIENT MISSED THE IDEAL WINDOW, IT’S STILL NOT TOO LATE TO SUPPORT CHARITY
      • THE “I’S” HAVE IT: TWO KEY TOPICS FOR CLIENT MEETINGS
      • INHERITED IRAS: BIG HEADACHE, OR BIG OPPORTUNITY?
      • Cryptocurrency: What if your clients own it and you don’t think they should?
    • October 2022 - Professional Advisor Newsletter >
      • CHARITABLE GIVING IN CHALLENGING ECONOMY
      • DISASTER PHILANTHROPY: YOUR CLIENTS AND THE IMPORTANT ROLE OF INDIVIDUAL PHILANTHROPY
      • COUNSELING YOUR CLIENTS ABOUT NONPROFITS: THE GOOD, THE BAD, AND THE BIG LEAPS
    • November 2022 - Professional Advisor Newsletter >
      • STRONG YEAR-END GIVING IN A BEAR MARKET: DONOR-ADVISED FUNDS COME IN HANDY
      • ADOPT A “DONOR BEWARE” ATTITUDE WHEN CLIENTS MAKE NON-MARKETABLE GIFTS
      • IT’S A BIG DEAL: ANSWERING CLIENTS' QUESTIONS ABOUT GIVINGTUESDAY
    • Dec 2022 Professional Advisor Newsletter >
      • HOW NFTS ARE CONNECTING MAKERS, INVESTORS & DONORS WITH CAUSES THEY LOVE
      • FIVE OF 2022’S MOST-ASKED QUESTIONS ABOUT QUALIFIED CHARITABLE DISTRIBUTIONS
      • 2022: IMPORTANT CHARITABLE TAX PLANNING REMINDERS
    • Jan 2023 Professional Advisor Newsletter
    • September Donor Newsletter >
      • KEEPING TRACK OF YOUR CHARITABLE DONATIONS IS MORE IMPORTANT THAN EVER
      • HERE’S WHAT TO KNOW BEFORE GIVING MONEY TO A NEW NONPROFIT
      • HOW TO GROW YOUR CHARITABLE GIVING BY BUNDLING TAX SAVINGS
    • October Donor Newsletter >
      • BRIGHT SPOTS IN THE MIDST OF ECONOMIC CHALLENGES
      • ACTIVATE IMMEDIATE AND EFFECTIVE ASSISTANCE FOR PEOPLE IN NEED
    • November Donor Newsletter >
      • Give a little and feel a lot better
      • “Checkout charity”: Cause for concern?
      • The perfect plate: Turkey, pumpkin pie and charitable giving
    • December Donor Newsletter >
      • LEVEL UP FAMILY PHILANTHROPY AT ANY AGE WITH THESE BOOKS
      • THE GIFT OF GIVING, COMMUNITY FOUNDATION STYLE
      • FOUR YEAR-END REMINDERS
    • Jan 2023 Donor Newsletter
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Level up family philanthropy at any age with these books


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Because families often gather for the holidays—and especially if adult children living away are visiting—this time of year lends itself to conversations about personal or family finances, generosity and especially philanthropy. Not to steal away the joy of the season, but these discussions, either comprehensive or brief, can pay dividends, so to speak, for 2023 and even decades beyond. 
 
For generations, community foundations have served families’ formal needs for philanthropy. And indeed, it is generational wealth—the passing of the torch—that often provides lasting sustenance to a preferred cause or organization. 

Family finance conversations—be they about budgeting or philanthropy—can occur anytime, and the younger the better to build a knowledge base. Accordingly, we offer a list of books suitable for all age ranges, and we've included the published descriptions and a few reviews. We hope you and your family will discover new reading material to feed the lifelong learning and giving process.  

Raising Charitable Children by Carol Weisman
Giving is the necessary counterbalance to getting, according to Carol Weisman, MSW, CSP, MOM. Otherwise, she says, most children will grow up thinking only of themselves. This realization is what led her to write Raising Charitable Children, where she shares real-life stories collected from all over the world of how parents, grandparents, aunts, uncles, teachers, scout leaders, friends, next door neighbors, and her own family have either initiated or supported ways to teach children how to give back to those in need.
 
Family Philanthropy Navigator: The Inspirational Guide for Philanthropic Families on Their Giving Journey
The Family Philanthropy Navigator offers an easy-to-use, step-by-step inspirational guide for new and legacy philanthropic families to initiate or enhance their giving journey. The book speaks to the highly rewarding ways that individuals and families can make a difference in a rapidly changing world. Steps cited to ensure meaningful and impactful giving include: 
  • Understanding the importance of philanthropy as an integral part of your family enterprise or ecosystem.
  • Exploring the motivation, focus and ambitions of your giving.
  • Selecting the people and organizations you wish to partner with.
  • Deciding on resources, structures and processes you need to achieve impact.
  • Learning from the stories of active philanthropists to inspire and inform your giving.
  • Preparing thoroughly to begin your own philanthropic journey or to change the direction of your giving.
 
Creating Change Through Family Philanthropy: The Next Generation
This book explains how young people can use privilege to better society. Based on the authors’ experiences with Resource Generation, a national nonprofit working with wealthy young progressives, the book makes the case for financially addressing urgent social and economic issues. It frames controversial topics from power dynamics to grants payout in an accessible way, offering next-generation readers the tools they need to transform their funds. Drawing on more than 40 interviews, this is an essential guide for both young philanthropists and anyone working with wealthy families interested in learning a point of view on ethical giving.
 
Generation Impact: How Next Gen Donors Are Revolutionizing Giving
Released in 2017 and since updated, authors and philanthropy experts Sharan Goldseker and Michael Moody provide a contemporary view of how today's donors are measuring successful giving through impact. Going beyond prior generations’ knack of giving for the sake of generosity or recognition, the authors focus on intergenerational giving and offer a series of best practices for families including: 
 
  • Starting discussions early in the next generation’s life.
  • Embracing the idea of a multigenerational family team.
  • Showing the impact of the family’s giving.
  • Talking about each generation’s values to find ones to be shared.
  • Helping next gen donors find their place in their family’s legacy of giving.
 
Wealth in Families by Charles W. Collier
"Charles W. Collier, a Harvard University fundraiser, offers a philosophical look at the meaning and purpose of wealth, in the hope of helping readers–especially those with substantial financial means–to explore family issues, shape their philanthropy, and make wise giving decisions. Wealth in Families builds on the premise that wealth is not just financial–it's also defined in human, intellectual, and social dimensions."
- The Chronicle of Philanthropy
 
"This book is a small treasure, exploring several different perspectives on the deeper meaning and use of family wealth. Many investment advisers have purchased copies of this book for their clients. It is a resource both for individual families that are looking at what to do with their wealth and for family advisers who want to work better with their clients."
- Dennis T. Jaffe, Saybrook Graduate School 
 
Strangers in Paradise: How Families Adopt to Wealth Across Generations
Surprising to many, wealthy people often come from middle-class or working-class backgrounds. Born and raised in modest economic circumstances, they find themselves as adults in the wonderful but unfamiliar world of wealth, like immigrants to a new land. Whether their wealth came from spending long careers at companies with generous savings plans or their own successful entrepreneurial exits, the adjustment is often harder than they anticipate. Yet awaiting wealth’s newcomers is an even more daunting task: how to raise children and grandchildren successfully in the family’s new world of affluence. Strangers in Paradise takes an innovative approach to the challenges facing wealth’s “immigrants and natives.” Combining clear reasoning with real-world stories, the book outlines for the first time how the key process for families of wealth—like all immigrant families—is adaptation.
 
In the season of giving, teaching or learning how to give may be the best gift of all. The team at the Peninsula Community Foundation is here to help you and your family make the most out of your charitable giving to support the causes you love and build even stronger ties across family generations. 

For more information about establishing a fund, please contact Michael Monteith, Email/757.327.0862 ​​​​
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  • Homepage - Peninsula Community Foundation
  • About
    • Board of Directors
    • Connect
    • Financials
    • News
    • Partners
  • Impact
    • Brink Impact Fund
    • Children's Holiday Fund
    • COVID 19
    • Give Local 757
    • Grants
    • Impact 100
    • Leadership Society
    • Legacy Society
    • PCF Initiatives >
      • Early Childhood
      • Homelessness
      • Neighborhoods
  • Scholarships
  • Funds
    • Agency
    • Corporate
    • Designated
    • Donor Advised
    • Employee Assistance
    • Legacy >
      • Types of Funds
    • Aug 2022 - Professional Advisor Newsletter >
      • BACK TO BASICS: REMINDING CLIENTS ABOUT WILLS, TRUSTS, AND CHARITABLE BEQUESTS
      • Summer legislative updates–and looking ahead to sunsets
      • FARMS, TAX PLANNING, AND FUNDING A FAMILY LEGACY
    • Sept 2022 - Professional Advisor Newsletter >
      • HIGHLY-APPRECIATED STOCK: IF YOUR CLIENT MISSED THE IDEAL WINDOW, IT’S STILL NOT TOO LATE TO SUPPORT CHARITY
      • THE “I’S” HAVE IT: TWO KEY TOPICS FOR CLIENT MEETINGS
      • INHERITED IRAS: BIG HEADACHE, OR BIG OPPORTUNITY?
      • Cryptocurrency: What if your clients own it and you don’t think they should?
    • October 2022 - Professional Advisor Newsletter >
      • CHARITABLE GIVING IN CHALLENGING ECONOMY
      • DISASTER PHILANTHROPY: YOUR CLIENTS AND THE IMPORTANT ROLE OF INDIVIDUAL PHILANTHROPY
      • COUNSELING YOUR CLIENTS ABOUT NONPROFITS: THE GOOD, THE BAD, AND THE BIG LEAPS
    • November 2022 - Professional Advisor Newsletter >
      • STRONG YEAR-END GIVING IN A BEAR MARKET: DONOR-ADVISED FUNDS COME IN HANDY
      • ADOPT A “DONOR BEWARE” ATTITUDE WHEN CLIENTS MAKE NON-MARKETABLE GIFTS
      • IT’S A BIG DEAL: ANSWERING CLIENTS' QUESTIONS ABOUT GIVINGTUESDAY
    • Dec 2022 Professional Advisor Newsletter >
      • HOW NFTS ARE CONNECTING MAKERS, INVESTORS & DONORS WITH CAUSES THEY LOVE
      • FIVE OF 2022’S MOST-ASKED QUESTIONS ABOUT QUALIFIED CHARITABLE DISTRIBUTIONS
      • 2022: IMPORTANT CHARITABLE TAX PLANNING REMINDERS
    • Jan 2023 Professional Advisor Newsletter
    • September Donor Newsletter >
      • KEEPING TRACK OF YOUR CHARITABLE DONATIONS IS MORE IMPORTANT THAN EVER
      • HERE’S WHAT TO KNOW BEFORE GIVING MONEY TO A NEW NONPROFIT
      • HOW TO GROW YOUR CHARITABLE GIVING BY BUNDLING TAX SAVINGS
    • October Donor Newsletter >
      • BRIGHT SPOTS IN THE MIDST OF ECONOMIC CHALLENGES
      • ACTIVATE IMMEDIATE AND EFFECTIVE ASSISTANCE FOR PEOPLE IN NEED
    • November Donor Newsletter >
      • Give a little and feel a lot better
      • “Checkout charity”: Cause for concern?
      • The perfect plate: Turkey, pumpkin pie and charitable giving
    • December Donor Newsletter >
      • LEVEL UP FAMILY PHILANTHROPY AT ANY AGE WITH THESE BOOKS
      • THE GIFT OF GIVING, COMMUNITY FOUNDATION STYLE
      • FOUR YEAR-END REMINDERS
    • Jan 2023 Donor Newsletter
  • DONATE
  • Fund Login