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FAMILY FOUNDATIONS

Neithercut Philanthropy Advisors (NPA) is one of 20 firms that has completed the training necessary to lead a family foundation through the National Center for Family Philanthropy’s “Pursuit of Excellence” assessment process. For more information, see: Pursuit of Excellence.

Did you know?

  • Many family foundation board members find themselves thrust into this role with no training or experience.
  • Family foundations often struggle after the passing of the founding generation.
  • Some of the most effective family foundations have a plan to put themselves out of business.
  • Many family foundations have trouble keeping up with the required paperwork.
  • Family members often feel that gifts and grants do not achieve their intended results.

At NPA, we find that our family foundation clients often struggle with the following issues or challenges:

  • Do you have a new member of the family taking over leadership of the foundation and he/she has no experience in philanthropy? See Executive Coaching.
  • Is your family foundation losing its focus as management and/or governance moves from one generation to another? See Succession Planning and Strategic Framework.
  • As the founder, are you worried that your foundation may one day stray from your founding vision? See Sunset Dates.
  • After many years of grantmaking, do you worry that your foundation has not accomplished very much? See Strategic Framework.
  • Do you feel overwhelmed by the paperwork required of family foundations? See Foundation Management.
  • Are you concerned about the administrative costs of managing a separate family foundation? See Alternatives to Foundations.
  • At times, do you find it difficult to conduct the proper investigation of a possible grant because you do not want to alert the nonprofit to your interest? See Confidential Inquiry
  • Are you worried that your foundation has no plan to integrate the next generation into the management of the foundation? See Succession Planning.
  • Would you like your foundation to get involved on an important community issue, but you do not know where to start? See New Program Development.