Philanthropy and Next Gen: The ‘Interstellar’ Strategy

Families have a 97% chance to fail the transfer of its business after three generations,’ PWC, KPMG and the Montaigne Institute have observed. Those who would like to transfer their family enterprise to the next generation face a double challenge: they have to transmit assets, as well as their values. Philanthropy can be a good way – but not the only way – to address both challenges. Check out this article for more insight. (Article originally ran in Philanthropy Impact Magazine: 7 – WINTER 2015)