A global family had a newly established private foundation. The senior generation required assistance with engaging the next generation, which had a wide age range, in the foundation and preparing them to oversee it in the future.
BBH helped the family put in place a long-term plan for the foundation’s operations and grantmaking and define the future role of each next generation member based on skills and interests. Next, we helped the family outline specific actions they may take to involve and prepare the next generation. This plan enabled the family to map out and act on the long-term vision for the foundation and ensure the next generation was adequately prepared to carry on the responsibility.