1. Wednesday, 18 June 2008 14:00 – 15:15 The Sheatufim Conference Philanthropy and Civil Society in Israel From Checkbook Philanthropy to Strategic Philanthropy: Philosophy, Work Protocols and Tools for Setting up a Family Foundation Copyright © 2008 National Center for Family Philanthropy

2. “If the institution of private philanthropy is a remarkable social invention, its availability to families is equally remarkable. Society has offered families what is in effect a permit to engage independently in matters otherwise thought to be the public’s business. Philanthropy becomes a legitimate and ennobling process, elevating the accident of kinship into the loftier realm of civic participation and responsibility. The often narrowing confines of individual giving open into the broadening vistas of social concern.” Paul Ylvisaker, Conscience and Community

3. Why Do Individuals and Families Give? Values Traditions and Experiences Mentors Associations Someone Asks!

4. Why do Donors Organize their Giving? Tax Advantages Focus and Impact Legacy Involve Family and Others Greater Opportunities to Collaborate Set Aside funds for Future Giving

5. Making Philanthropic Choices: What Do You Want to Accomplish? Choice of Vehicle Choice of Vehicle Social Investments Mission Program Priorities Social Investments Mission Program Priorities Financial Investments Administration and Staffing Family Involvement Strategies Governance

6. Opportunities and Challenges: Program Responsive Giving/Strategic Focus Project or Operating support Identifying Priorities: Donor Interests/ Community Need Staying on Mission: Donor Pressures Grantee/Applicant Relationships Transparency and Accountability Effectiveness and Impact Renewal

7. “Building a foundation on the fragile relationships that characterize any family is a precarious enterprise, but the returns are worth the risk and all the tensions that go with it.” Paul Ylvisaker

8. Opportunities and Challenges: Family Involvement Dynamics Managing the Interests of the Foundation and the Family Leadership and Governance Engaging Younger Generations Encouraging Individual Giving and Volunteering When to Involve Others Dealing with Differences: Is what we share more important than what divides us? Renewal

9. …there is something distinctive and precious about family foundations that suggests they should remain as they are: a unique opportunity for families to make and leave their mark on the society around them, to share with others the fortune they have enjoyed and the creative energies they so often possess. Paul Ylvisaker, Conscience and Community

10. Virginia Esposito National Center for Family Philanthropy 1818 N Street, NW, Suite 300 Washington, DC 20036 Phone: 202.293.3424 Fax: 202.293.3395 ncfp@ncfp.org