The Schwab Fund for Charitable Giving has changed its name to Schwab Charitable to coincide with the rollout of their new charitable reminder trust services. They quote me a couple of times in the current issue of their newsletter, which announces the service offering.
I believe very strongly in the concept that philanthropy is one of the best themes around which families can come together to discuss their most deeply held values and beliefs. Philanthropy is a wonderful vessel for parents to use to pass their values onto their children. The summer issue of the Schwab Charitable newsletter provides nice coverage of this concept.
Some research suggests that philanthropy is not just a practice that families should consider, but in fact, it is something they must practice if they want any semblance of intergenerational cohesion.
I’m off to talk to a group of high school students about philanthropy. I look forward to sharing the experience with you next week.