Family Foundations

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

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continuity audit

Continuity Audit

Build a comprehensive action plan to support the long-term success of your family enterprise.

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Want to learn more about our support for Family Foundations?


Jobs vs. Wealth

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.


Growing up Green

Why is it hard to find good successors? We believe that the root issues occur earlier in the lives of next-gen members, linked to the manner in which they experience their family’s wealth and legacy during adolescence and early adulthood.


Philanthropy in Complex, Multi-Generational Families

For many, family philanthropy presents an opportunity to create a shared experience, unifying the
family by working together toward a lasting legacy of impact. Family philanthropy can also give
participants an opportunity to explore and cultivate their personal—and sometimes separate—
philanthropic passions

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