This first-of-a-kind book by Roy Williams and Vic Preisser of The Williams Group reveals the hidden power of philanthropy to prepare your heirs for wealth and responsibility. After interviewing 3,250 affluent families, and examining almost 100 family foundations, the authors disclose how successful families are using philanthropy to teach their heirs Values, develop their appreciation for focus on a specific Mission, and instill a sense of Accountability. In many cases, the use of philanthropy as a teaching tool by the family leaders determined whether or not the family remained unified-and financially successful-in their post-transition period. As in their prior groundbreaking book Preparing Heirs C 2003, the authors provide exercises, examples and checklists for each of five major age groups, beginning at age five. The book is easy to read and filled with specific guidance and examples. Viewing philanthropy as a tool to improve your odds of post-transition success adds a new benefit to the traditional rationale behind family foundations and family giving programs.
- ISBN10 1931741514
- ISBN13 9781931741514
- Publish Date 1 January 2010
- Publish Status Out of Stock
- Out of Print 15 June 2021
- Publish Country US
- Imprint Robert D. Reed Publishers
- Format Hardcover
- Pages 166
- Language English