OCTOBER 2020 UPDATE

Hello, Many of us are beginning to think about the holidays and how we will celebrate this year. Whether we’re with family or celebrating distantly, what will we choose to focus on as we close out 2020? What traditions hold up and what new ones will be created? What stories will be shared from this year and decades past? Family values are translated implicitly and explicitly through shared traditions, rituals, and stories.

The Value of Family Values Studies show that children who understand shared values and family history build a stronger sense of self and are able to articulate their own values more clearly. They have higher self-esteem and show more resilience in turbulent times. They tend to honor integrity and have a more generous spirit. Values based discussions connect generations in meaningful ways and transcend time. This article “The Stories that Bind Us” captures this sentiment well. You may be wondering “What does this have to do with philanthropy?” Values are the lens through which families focus meaningful and genuine philanthropic choices. Framing decisions this way creates joyful giving and authentic funding relationships. So, what stories will you share this year with family to honor your values? What traditions will be reimagined? What new rituals will emerge? Regardless of the choices you make, intentional thought around these concepts will yield powerful family connections and ultimately, philanthropic impact.

Enlightening Reads I thought I’d share a couple of books that have brought a deeper understanding of family philanthropy for me this fall.

The Price of Privilege by Madeline Levine, Ph.D. Dr. Levine provides a road map for raising fulfilled and empathetic kids who are engaged in their worlds while being immersed in a highly materialistic culture. (Hint: Values discussions and philanthropy are part of the plan.)

Giving Done Right by Phil Buchanan, Executive Director of the Center for Effective Philanthropy   Phil Buchanan offers a refreshing perspective on strategic philanthropy. I found his case studies and hallmarks of an effective nonprofit or program particularly insightful.

In the last quarter of 2020, there is no doubt you will have many philanthropic opportunities to help your community. I encourage you to talk about it around the family table, reflect on what matters most to you, and let those talks clarify your choices.  Gratefully, Kaky

KAKY M. GRANT / PRINCIPAL 843-276-3974 Kaky@grantphilanthropy.com www.grantphilanthropy.com