Neithercut Philanthropy Advisors’ April Edition of the Philanthropy Matters Newsletter is Now Available
Mark Neithercut April 21, 2016 Philanthropy Matters
10 Rules Every Major Donor Should Follow
Mark Neithercut October 13, 2015 Neithercut Philanthropy Advisors
The Five Essential Rules to Getting Your Children Involved in Philanthropy
Mark Neithercut July 14, 2015 Neithercut Philanthropy Advisors
12 Questions To Help Determine Whether You’re Launch-Ready
Mark Neithercut March 23, 2015 Neithercut Philanthropy Advisors
We Help Successful Families Become Successful Philanthropists
Mark Neithercut November 11, 2014 Neithercut Philanthropy Advisors
Tax Benefits of Charitable Giving
Mark Neithercut & Jennifer Miller Oertel November 03, 2014 Small Business Association of Michigan

Regardless of whether you regularly contribute to charity, it is useful to be aware of the unique charitable giving tax benefits available to entrepreneurs. Even the most knowledgeable, charitably-minded individual may not be aware of all of these opportunities. This article shares those opportunities.

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Have a Mission to Preserve a Vision
Mark Neithercut October 01, 2014 Family Foundation Advisor

Mission statements are a fundamentally important building block of a family foundation’s strategic framework and deserve more attention. Further, the process of developing a family foundation mission statement must be dramatically different than the process used for other foundations or nonprofit organizations. Many techniques are available to develop a mission statement, and a board of directors should consider the benefits of each process before engaging in this fundamentally important exercise. This article published by Family Foundation Advisor addresses how a good mission statement can help preserve the legacy and vision of a founding philanthropist, and suggests some options for how family foundations can develop better mission statements.

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How to Preserve a Legacy
Mark Neithercut March 02, 2014 Council on Foundations

An organization on a mission is inspiring. Unflappable. Unstoppable. View our latest infographic, which was recently published on the Council on Foundation’s blog, to learn about one of the most overlooked elements of preserving a legacy.

Preserving Philanthropic Vision
Mark Neithercut February 18, 2014 Philanthropy Roundtable

How can a foundation enact its vision and preserve the intent of its founding philanthropist? Read our latest article published by Philanthropy Roundtable to find out.

Got Mission?
Mark Neithercut November 11, 2013 Neithercut Philanthropy Advisors

Mission – the essential purpose of a foundation – has been largely ignored in strategic planning efforts. In this piece, we will argue that mission drives strategy and that a foundation should be sure its mission is clear before engaging in lengthy efforts to develop strategy.

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Six Misconceptions About Family Foundations
Mark Neithercut November 06, 2013 Re: Philanthropy

It seems everyone wants a foundation these days – at least many people do. So, what are the common misconceptions about family foundations? The Council on Foundations recently published an infographic we prepared on its blog, Re: Philanthropy. The infographic explains the six common misconceptions concerning family foundations. Click here to view our infographic.

OTHER VOICES: A Nonprofit’s Mission Must be Clear to All
Mark Neithercut October 22, 2012 Crain's Detroit Business

This week is Crain’s annual philanthropy issue, so it seems appropriate to remind donors and nonprofits alike about the importance of mission.

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Partnering for Success: How Family Foundations Benefit from Relationships with Community Foundations
Mark Neithercut June 04, 2012 Family Foundation Advisor

To family foundations, it may seem like community foundations are only after one thing: their assets. Family foundations may worry that a relationship with a community foundation will be unbalanced, with the family foundation doing all the giving while receiving few benefits. A healthy relationship with a community foundation is possible, however, and it can be a very useful partnership for a family foundation.

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Why Family Foundations Lose Their Way: A Founder’s Guide to Long-Term Philanthropic Success
Mark Neithercut February 03, 2012 Neithercut Philanthropy Advisors

Family foundations often struggle with issues that might have been avoided if they had considered these challenges earlier in the foundation’s planning and launch process.  This guide is desiged to prompt founders and their advisors to consider the important strategic issues, such as succession and mission, which can derail foundations many years later.

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Is Perpetuity Too Long? Family Foundations Can Increase Impact With Sunset Dates
Mark Neithercut January 04, 2010 Family Foundation Advisor

This article reviews the sunset-vs.-perpetuity issue and considers the potential benefits of a sunset date, with the special considerations of small family foundations in mind.

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OTHER VOICES: Family foundations — Know when to close
Mark Neithercut October 25, 2009 Crain's Detroit Business

More family foundations should plan in advance to shut their doors. This has nothing to do with their performance or the current economy and everything to do with their long-term success. According to 2008 figures, there are 2,306 foundations in Michigan; 80 percent of them are family foundations. The Foundation Center reports that 48 percent of family foundations awarded less than $50,000 in grants in 2007 and 59 percent had less than $1 million in assets. Most family foundations, especially these small ones, would benefit from establishing a “sunset date.”

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OTHER VOICES: Loosen your strings on charitable giving
Mark Neithercut November 09, 2008 Crain's Detroit Business

Loosen up, for gosh sakes.

Donors are increasingly putting strings on their charitable gifts. This “restricted giving” can be as simple as restricting a gift for the new library project at your alma mater or as complicated as requiring that your gift to the YWCA be used for equipment for the Saturday girls’ (aged 6 to 8) soccer program.

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