In the midst of raising awareness for a cause, do you ever stop and wonder if your efforts are actually helping? There are many powerful tools for inspiring change, but how effective are purpose-driven campaigns in reality? As pressure mounts for companies to act on...
Family Business philanthropy is not such a strange concept. Philanthropy, by definition, is “the desire to promote the welfare of others, expressed especially by the generous donation of money to good causes.” Many businesses have been founded because of the values...
As part of a family business, it is often easy to become isolated from the rest of the world, especially if your company does not directly interact with customers. It is all too easy to lose yourself in the day-to-day job until you find yourself doing the same thing...
The Donor-Advised Fund (DAF) is the fastest-growing method of philanthropic giving in the United States today. Countless institutions are marketing the opportunity to create one as the end of the tax year nears. The perks can sound too good to be true. Are they? In a...
While the phrase “money doesn’t make you happy” is a generally accepted and popular adage, research shows that how you spend it just might. In a 2011 article in the Journal of Consumer Psychology, researchers Elizabeth Dunn, Daniel Gilbert and Timothy Wilson argued...
The climate is changing so fast, it can feel like there’s nothing we can do to help the earth. You see it in the news. Tragic drought and record-breaking fire seasons in the west, regular hurricanes and tropical storms causing flooding and mayhem on the east coast,...
Let’s set back the clock for a moment: Think Carnegie. Major philanthropists for generations were lauded for bequeathing massive gifts to foundations and institutions dedicated to long-haul social benefits. They had no expectation to see their causes and issues...
If you have recently had any type of capital gain event…. If you appreciate tax efficiency… If you believe real estate values generally increase over time…. If you are interested in how all of this can dovetail with socially responsible investment… It may be worth...
In the last post, we talked about where the money in your savings and checking accounts are parked. We also touched on credit cards that have a positive impact. But we’re just at the tip of the iceberg! Over the past few years, a dizzying number of ESG or...
Despite and maybe even because of COVID, Opportunity Zones are front and center in the investment world. The wealthy have the ability to make long-lasting impact on our nation’s marginalized communities and to do so with unique financial benefits. If done right,...
Complicating factors include inflation, interest rates and midterm election fallout. Over the past two years, the virus on everyone’s mind was COVID. Today, the virus is inflation. As the cost of goods and wages rise, the country’s biggest private employer segment —...
Following many conversations with philanthropists over the course of two decades, one thing is clear: it’s important for them to continuously enhance the work they’re doing to support the causes they care about. But no matter the mission, foundations can enrich their...
Bipartisan Group of Congressional Members Launch Congressional Family Business Caucus Focused on Family-Owned Businesses Today, Representatives Jodey Arrington (R-TX), Tom O’Halleran (D-AZ), Claudia Tenney (R-NY), and Brad Schneider (D-IL) launched the bipartisan...
Nieke and Daan Renssen PrideStaff Co-Owners, Strategic Partners Temp-to-Hire Staffing and Direct Hire What led you to start the business? Nieke -- Daan and I are from Holland and we both had professional careers there. Daan spent 20+ years in a variety of corporate...