Raising Children with Philanthropic Values

Families with wealth may have more pronounced and complex reasons to promote philanthropy. Parents who themselves have been raised in a tradition of stewardship may want to extend this legacy into the next generation. Parents also may be concerned about the potential risks of wealth on their children’s development, such as stunting their initiative, undermining their self-worth, or fostering a sense of entitlement, materialism, and isolation.

This guide provides practical guidance, perspective and action steps for parents who are seeking to encourage charitable attitudes and behavior in their children.