Setting the table for family giving

5 steps to a philanthropy model that works

Talking openly about money and giving can feel challenging—even for families with shared values. As philanthropy becomes more intentional and often multigenerational, many families are looking for ways to bring structure to their giving together.

Families can begin by “setting their table (opens in new tab or window)” and aligning expectations before making giving decisions. Because every family is different, there is no single best approach to structuring family philanthropy. Instead, the goal is to find an approach that reflects your family’s unique values, relationships, and priorities. These five considerations are designed to help guide the process, include fresh voices, and build confidence in decision-making.

1. Start with why you want to give together

Before choosing causes or organizations, families benefit from clarifying their motivations. Some families are driven by a desire to connect across generations, while others focus on passing down values or responding to community needs. Understanding these motivations helps shape how giving conversations unfold and what success looks like for the family.

2. Be intentional about who’s at the table

Not every family member will want—or be ready—to participate in the same way. Some may have deep experience with philanthropy, while others may be just beginning to explore giving. Being thoughtful about who is involved now, who may join later, and how each person participates can help create a structure that feels inclusive and sustainable.

3. Consider how family relationships shape giving

Family size, geographic spread, communication styles, and individuals’ availability all influence how philanthropy works in practice. Larger or geographically dispersed families may need more flexible structures, while others may prefer more hands‑on collaboration. Thinking through these dynamics early can help families balance participation with administrative and governance needs.

4. Decide how giving decisions will be made

Decision‑making is often the most impactful part of family philanthropy. Families often adopt one of three approaches:

• Centralized: One person or a small group makes final decisions.
• Collaborative: Decisions are made collectively.
• Delegated: Authority for each decision is assigned to individuals or a committee.

Many families revisit and adjust their approach over time as priorities and circumstances evolve.

5. Build a structure that can grow with you

Whether a family gives occasionally or consistently, having open conversations about philanthropic planning can help align giving with long‑term goals. The right structure reflects a family’s values today while allowing flexibility for future family members, changing interests, and new opportunities to make an impact.

By thoughtfully setting the table, families can create a shared philanthropic framework that supports alignment, collaboration, and intentional giving over time.