Fourth Partner logo 

Our Giving Notes

August 2011

Volume: 2, Issue: 4
The Mighty Family Tree
Dawn Franks
Dawn Franks

 

    Most family trees look like the 100 year old red oak tree we're so fond of here in East Texas. Over time they grow larger and larger, layer upon layer, wider and wider.

 

    Picture your own family tree and think about one layer - one generation across - brothers, sisters, cousins. Now imagine that generation has just inherited responsibility for a donor advised fund or family foundation. How might they join together with so many different personalities and areas of interest to make grant decisions one or more times a year? If they're responsible for a family business how do they work together to preserve that business, and most importantly, the family?

 

 

 Continued...
   

 

Picture Your Legacy
An App for your IPHONE 

   

Picture Your Legacy can help

guide you toward articulating your legacy - be it in business, philanthropy or life. 

iphone  

 Click here to learn more.  

 

Newsletter Archive
  
I'm a Hypocrite 
Fred Smith

Fred Smith
     I finished an article on rational funding earlier today, had a great conversation with a new non-profit about the importance of funders not responding to needs or filling gaps but looking for opportunities, and met with a group of donors to talk about how valuable it is to think about philanthropy in terms of investments that have clear goals, reporting and measurements along the way. I read a number of articles on venture philanthropy and how to design metrics for results-oriented philanthropy. It was a great start for the day.
 

 Click here to read more of Fred's thoughts on being a hypocrite.

Family with a Mission

Chuck and Marianne Long

Marianne and Chuck Long

   

   Imagine a family meeting to talk about their beliefs, values, hopes and dreams as a family. Now imagine at least one teen ager in the room who doesn't want to be there. Does it sound like a trip to the dentist?

 
 Click here to read more about the Long's family legacy. 

 

Look for the next issue of Our Giving Notes in October 2011.      

Fourth Partner
601 Shelley Drive, Suite 201
Tyler, TX 75701
903-509-1771