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Kiplinger
Kiplinger
Business
Julia Chu

In Family Philanthropy, Embracing Differences Can Pay Off

A family gives one another a big high five.

Since charitable giving reflects an individual’s lived experience, values and perspectives, it naturally follows that philanthropic goals and approaches may vary across generations, and also between couples. Rather than avoid or suppress these differences, families may benefit from learning about and supporting one another’s philanthropic aspirations. Let’s review the research on common differences and then go over how families may enhance their philanthropy through their shared values.

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