PDF Download So You Want to Be a Philanthropist: How to Choose, Set Up and Manage a Successful Family Foundation

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So You Want to Be a Philanthropist: How to Choose, Set Up and Manage a Successful Family Foundation

PDF Download So You Want to Be a Philanthropist: How to Choose, Set Up and Manage a Successful Family Foundation

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About the Author

Julia Kittross has over 35 years of experience in philanthropy as a teacher, advisor, organizer, program designer, grantmaker, CEO and entrepreneur. She is currently is the co-founder of Philanthropy Sherpas, a consultancy working with grantmakers with a specialty in family philanthropy. Prior to this, she built from the ground up the Laird Norton Family Foundation, a 7th generation, 400 family member foundation where 65 family volunteers serve on four grantmaking committees in the areas of climate change, arts in K-12 education, watershed protection and clean water and sanitation in developing countries, plus a youth fund for 14-21 year olds. Kittross was the founding partner of The Giving Practice and worked in this philanthropic firm for six years. She served as Philanthropy Northwest’s first CEO from 1990 – 2002 and solidified Philanthropy Northwest’s leadership role in philanthropy in the region and within the Regional Association of Grantmakers movement nationwide. Julia Kittross has worked with hundreds of trustees, donors and staff of private foundations, individual philanthropists, public and community foundations and corporate grantmakers. Her particular interest is in assisting philanthropists and foundation staff to make their philanthropy rewarding, strategic and efficient. Experience includes strategic planning, retreat design and facilitation, board governance issues, family communication, program development and design, grantmaking oversight, interim executive directorship, executive staff searches, benchmarking, research, training and coaching. She has experience with both start-ups and organizational management over time. Before Philanthropy Northwest, she was interim executive director of the Municipal League of Seattle/King County. Kittross was a principal architect of the Northwest Giving Project, founding president of the Washington Chapter of the Crohn’s and Colitis Foundation of America, and a founding Board member of the Forum of Regional Associations of Grantmakers. She is a member of the Visiting Committee at Seattle University’s Executive Masters in Not-for-Profit Leadership program. She earned a BA from Antioch College in Yellow Springs, Ohio. Julia lives in Seattle, WA with her husband and nasty cat. Contact Julia Kittross at www.PhilanthropySherpas.com.

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Product details

Paperback: 148 pages

Publisher: CreateSpace Independent Publishing Platform; 1 edition (October 22, 2013)

Language: English

ISBN-10: 1492722332

ISBN-13: 978-1492722335

Product Dimensions:

6 x 0.3 x 9 inches

Shipping Weight: 9.9 ounces (View shipping rates and policies)

Average Customer Review:

4.0 out of 5 stars

13 customer reviews

Amazon Best Sellers Rank:

#169,425 in Books (See Top 100 in Books)

This book seems to be written as a way to convince people to hire Ms. Kittross to run their private foundations. She is very down on running one's foundation on one's own, complaining that laws are so difficult to understand and remember, and how much of a pain it is to have to pay attention to one's foundation. There are better books to read that give you the same and better information. "Creating a Private Foundation" by Roger D. Silk is much better and gives a more complete idea of how to create something like a foundation.

Ms. Kittross has written an excellent primer on a wide array of important considerations for those of us interested in personal philanthropy. She transcends the the problem found within too many general management books - the tendency to rely on platitudes and "keen insights into the obvious." The book is filled with important details and clear instructions. I especially appreciated the attention to some of the psychological aspects of giving, including the need for an honest and reflective process of what I, the possible philanthropist, have as my core motivations and expectations.

This book contains almost nothing regarding how to set up and manage a foundation, despite the title. The book mainly deals with how to give away your assets. Very disappointing. I want my money back.

I'm a financial advisor and I must admit that I didn't know about all the other factors that can enter into being a successful (and happy) philanthropist. I've just finished it--the first time--and am now beginning to read it again. There's a lot of 'meat' in here. Well written.

Great insight.

Small book backed with good information.

I’ve worked in the field for over 40 years, and this is one of the most impressive books on foundation philanthropy I’ve seen. And it is one of the shortest. Julia Kittross has managed to cover a wide array of very pertinent issues in an easily accessible way that will be invaluable to anyone considering the creation of a private foundation. She first presents the alternatives to this approach and urges the reader to think hard before deciding on the foundation route. Then she introduces the extensive set of issues that one will face if this route is chosen. Throughout the book the author raises the questions that need to be answered and provides numerous possible responses that might be considered, but she continually emphasizes that there is no single right way to decide. Instead a central theme of the book is that each philanthropist must examine his or her own values and personality, and this will create the filter for answering the policy and operational issues that will ensue.Despite its brevity and the author’s insistence that at some points professional advice is essential, the book nevertheless provides in its light-handed manner an enormous amount of solid information about legal, policy and administrative issues. And she references a large number of sources that can provide more in-depth information about specific matters. She acknowledges that there is controversy in the field over the answers to some foundation questions, and her broadminded presentation is more useful to a neophyte philanthropist than an attempted indoctrination into a particular viewpoint.Among those who would most benefit from reading this book are: 1) those entertaining the idea of starting some kind of philanthropic practice – they would be much better prepared for consultation with professional advisers and guided in their next steps; 2) Professional advisers – first, it might broaden their knowledge and, secondly, they might be prompted to encourage their clients to read the book; 3) Foundation officers – it would be a good refresher on the general field and a reminder that there are many worthwhile approaches for a foundation.Charles S. RooksExecutive Director, Meyer Memorial Trust, Portland, OR, 1982-2002Vice President, Council on Foundations, Washington, DC, 1989-1982Executive Director, Southeastern Council of Foundations, Atlanta, GA, 1972-1978Board Member, Miller Foundation, Portland, OR - currently

This is an indispensible book for people who have the resources and inclination to give money away. As author Julia Kittross makes clear, it is easy to stumble out of the gate when acting on generous impulses. Kittross, a Seattle-based philanthropy consultant who has worked with all manner of foundations, charities, and grant-makers, knows the forces that can divide and otherwise undermine families and individuals as they try to meet their philanthropic goals. In fact, Kittross explains that that one of the risks of philanthropy is moving ahead without explicitly stated goals and identified outcomes. Among other pitfalls: working with families (don’t expect a family foundation to make your children get along better) and “self-dealing” schemes such as renting out your garage to your family foundation.Kittross is a warm and engaging writer, and her book addresses the basics of legal and tax responsibilities as well as the different types of giving mechanisms available. She reveals the range of important decisions that all philanthropists must make—from the sweeping ones such as whether to give locally or globally to such details as to hire staff and how to keep your organization’s books. And just in case it all seems too daunting, she offers a chapter on “Fun and Easy Giving Strategies.”Philanthropy won’t always be fun and easy. But with this book, you can make it rational, rewarding, and truly meaningful.

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