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The Family Business Leader Podcast


Jul 9, 2020

Full show notes can be found at: https://successfulgenerations.com/bonusrichardseaman/ 

 

Question we started with: 

How does family philanthropy play a role in your family business? 

 

We talk about how family philanthropy: 

  • Helps us give back
  • Creates multigenerational sustainability
  • Allows the next generation to explore different passions
  • Provides a teaching role about the community, family business, wealth…
  • Creates stewardship
  • Founder Intent
  • Can bind the family together

 

We also talk about: 

  • Donor intent
  • Mission creep
  • How trustees can influence the reputation of the foundation and the business

 

 

Enjoy!