Build a comprehensive action plan to support the long-term success of your family enterprise.
Live your values, engage your family, and enhance your impact in the world
Many of our clients consider philanthropy and social impact as critical components of their family enterprise.
Some families choose to coordinate these activities strategically through a family foundation, while others utilize vehicles like donor advised funds or individual giving in order to provide targeted philanthropic support to organizations and communities.
The limitless possibilities afforded by private philanthropy, coupled with the challenges of measuring results in the social sector, means that there can be different — and at times competing — visions for the family’s philanthropy. This can both limit social impact and generate complex family dynamics.
LGA helps families achieve greater impact and support their legacy by [same links for the bullets that repeat from Family Businesses]:
- Educating owners and leaders on the unique role of family philanthropy in a family enterprise and the requirements for long-term success
- Clarifying a shared purpose and values to guide the family’s philanthropic priorities
- Launching or redesigning family philanthropies — including private foundations, funds, and giving programs – in alignment with these priorities
- Ensuring governance and execution of any shared philanthropies are coordinated with the rest of the family’s operational, investment and estate planning activities
- Assessing and developing leaders and leadership teams
- Designing efforts to educate, involve, and transition leadership to the next generation
- Facilitating more productive relationships between family members and professional staff
Want to learn more about our support for Family Foundations?
Nicolas Hollanders explains what it means for family business owners to be engaged with the project.
Many families have decided to formalize a Family Office to serve the financial and professional needs of family members.
As a result of our expertise, we are able to assist families across the spectrum of needs.
Successful family enterprise leaders must tend both to the needs of the business and the family
This article presents a systematic review of the literature on the subject of family philanthropy.
In principle, everyone in a family business, from shareholders and board members to executives and employees, has a right to their own politics.
Nicolas specializes in governance design and succession planning for family enterprises around the world.
Francisco specializes in research and consulting for complex family enterprises. His duties included doing economic analysis and family business education.
Maria has over 20 years of finance and governance experience within family businesses and actively serves on several Boards.
Nathan is an accomplished executive with wide-ranging experience across a variety of private and not-for-profit organizations.
Rania specializes in the interplay between family dynamics and family business decision-making.
Sarah provides consultation to multi-generation family businesses regarding governance, shareholder development, and leadership development.