LibraryScenariosWhy family foundations can harm the next generation
Scenario

Why family foundations can harm the next generation

My daughter wants to start a family foundation but she has never worked a real job and I worry we will create a spoiled person who thinks money solves everything.

Rabia
Online
The coach is replying

More people experience this than they realize.

What we've seen

The wealth creator fears that institutionalizing giving may corrupt their child's character and understanding of genuine contribution.

Ideas that help explain it
Worth thinking about

“Where Are You with Charitable giving structures?”

If this sounds familiar, the Library can help you find the bigger picture.