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What is the Value of Family in Family Philanthropy?

-Articles, Family Foundation, Philanthropy, Values /

Family philanthropy offers families the opportunity to work together in service of a greater good—and in so doing, strengthen family relationships, transform individual participants, and address pressing social problems. But in today’s evolving landscape, family foundations—particularly more established ones—face a critical internal reckoning. More and more in our work with philanthropic families, we see family members questioning their roles and wondering if their contributions are truly meaningful. This introspection, fueled by a growing emphasis on equity and impact, raises a fundamental question: What is the value of our family in our family philanthropy now?

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Governing Legacy: Going beyond the Governance Marathon

-Articles, Engagement, Family Business, Governance, Processes, Structures, Succession /

In this article originally published in FFI Practitioner, our Advisor Jeremy Cheng explores the dynamic nature of legacy within family enterprises and the critical role of governance in its evolution. He emphasizes that legacy is not a static inheritance but a co-constructed entity shaped by interactions between legacy “senders” (e.g., founders) and “receivers” (e.g., successors).

Governing Legacy: Going beyond the Governance Marathon Read More »

How can families thrive in uncertain times?

-Articles, Resilience, Strategy /

Our latest book, The Enduring Enterprise showcases families from around the world who have thrived for generations under precisely these conditions, and what their survival and success have to teach business leaders everywhere. Why, you might wonder, would operating in New Delhi or Lagos have any relevance to some of the world’s most sophisticated businesses in New York or London?
The answer is simple: stability within these privileged environments is evaporating before our very eyes as we enter a New Age of Uncertainty.

How can families thrive in uncertain times? Read More »

¿Cuáles son las responsabilidades del presidente de la junta directiva en una empresa familiar?

Go Get Yourself A Board

Newsletter /

In this newsletter, we present some of the recent highlights of LGA IRL – and preview some of the exciting initiatives that kept us busy throughout the year — a core part of our mission to provide actionable insights and trusted advice to sustain the continuity of family legacies across generations.

Go Get Yourself A Board Read More »

Divide

Jobs vs. Wealth

-Articles, Engagement, Family Business, Leadership, Policies, Processes, Succession, Vision /

Family leaders must have the courage and stamina to create an inclusive, participative, and results-driven culture in the family and business, supported by the right policies and systems. Such a foundation will set the stage for a family legacy which both sustains across multiple future generations, and grows along the way with each group driving growth and diversification and making its own mark.

Jobs vs. Wealth Read More »

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