Fourth Partner           OUR GIVING NOTES

December 2010 Issue: 6
The NEXT Great Gift 
Dawn Franks

Dear ,
Dawn FranksDo you wonder who the next "great giver" will be in this community?  Is it possible that all the wealth that will ever be here has already come, that the pie will only get smaller?  I have great news.  The pie is ever-expanding.

There will be a next "great giver" and with that will come the NEXT Great Gift. And it will be sooner than any of us expect.  But from where, and who will it be? 

The answer to that question came to me as I read an article in the fall 2010 edition of "Philanthropy," a publication of Philanthropy Roundtable.

Here's a hint: it's all about the entrepreneur.

The article is titled "The Transience of American Wealth," and it is a fascinating history lesson. Right now you might be thinking you don't have time for a history lesson, even if it is really good. Keep reading and I'll give you a quick synopsis of the points that really came home for me.
Look for the next issue of Our Giving Notes in February 2011
Forward to a Friend  
The Dumb Tax 
Fred Smith

Fred SmithSooner or later it seems every giver pays their "dumb tax" by funding a project or person that turns out to disappoint them.

Click here to read Fred's thoughts on why this happens and how to avoid it.
Louis and Peaches Owen
A Gift of Charitable Work for the
Third Generation 
 
Louis and Peaches OwenYou might have heard about the Owens' recent donation to Mother Frances, but do you know
the people behind the gift and what motivated them to give it?

Click here to read Louis and Peaches Owen's giving story.
Trusting Your Children
An Interview with Gabriel Schulze
 
Gabriel Schulze interviewAt a recent Fourth Partner event, Peter and Gabriel Schulze (father and son) spoke candidly about the importance of trusting your children when it comes to issues of wealth.

Click here to watch Gabriel present the key points in a short video interview.
Fourth Partner
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